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Short-lived shocks with long-lived impacts? - household income dynamics in a transition economy (English)

Abstract

In theory, it is possible that the persistent poverty that has emerged in many transition economies, is attributable to underlying, non-convexities in the dynamics of household incomes - such that a vulnerable household will never recover from a sufficiently... See More +

Details

  • Lokshin, Michael; Ravallion, Martin;
  • 2000/10/31
  • Policy Research Working Paper
  • WPS2459
  • 1
  • Hungary
  • Europe and Central Asia
  • Short-lived shocks with long-lived impacts? - household income dynamics in a transition economy
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