Arbeitspapier
Measuring economic insecurity
We provide an axiomatic treatment of the measurement of economic insecurity, assuming that individual insecurity depends on the current wealth level and its variations experienced in the past. The first component plays the role of a buffer stock to rely on in case of an adverse future event. The second component determines the confidence an individual has on his ability to overcome a loss in the future. Experiences in the recent past are given higher weight than experiences that occurred in the more distant past. Two classes of measures are characterized with sets of plausible and intuitive axioms.
- ISBN
-
978-92-9230-585-7
- Sprache
-
Englisch
- Erschienen in
-
Series: WIDER Working Paper ; No. 2013/008
- Klassifikation
-
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- Thema
-
insecurity
wealth streams
economic index numbers
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bossert, Walter
D'Ambrosio, Conchita
- Ereignis
-
Veröffentlichung
- (wer)
-
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (wo)
-
Helsinki
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bossert, Walter
- D'Ambrosio, Conchita
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Entstanden
- 2013
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