This paper investigates how risk coping strategies differ between idiosyncratic and covariate income shocks using evidence from a nation-wide flood in Bangladesh. It is found that availability of coping strategies significantly depends on the covariate-idiosyncratic characteristic of shocks. The...

This paper investigates how risk coping strategies differ between idiosyncratic and covariate income shocks using evidence from a nation-wide flood in Bangladesh. It is found that availability of coping strategies significantly depends on the covariate-idiosyncratic characteristic of shocks. The...

This note introduces a generalized version of multi-component decomposition method, which disintegrates a growth rate of an index into the roles of individual components. The method can be applied to two classes of indices: the additive-product form and the product-additive form. The application...