Who is most vulnerable to macroeconomic shocks?: hypotheses by Paul Glewwe PDF

By Paul Glewwe

ISBN-10: 0821332449

ISBN-13: 9780821332443

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Are women and/or children more vulnerable? Table 7 indicates that female-headed households are more likely to be poor, but notmore vulnerable than male-headed households. A similar result (not shown in Table 7) holds when households are defined as majority male vs. majority female. However, with children a different story emerges - although the proportion of children is not correlated with poverty, it is strongly correlated with vulnerability. Table 7 also tests hypotheses regarding the presence of elderly, handicapped and ill household members.

12 The variance of the difference between the estimates of b in (2) and (3) 10 Interpreting the coefficient on age (Da) is more difficult. Since age cannot be altered by the household or the government, knowing the correct interpretation is of little practical importance. 11 Denoting the dependent variable by the vector y and the independent variables by the matrix X, OLS parameter estimates of equations (2) and (3) are (X'X)-1X'y85and (X'X)-1X'y90, respectively. Their difference is (X'X)-1X'(y90-y85) which is the OLS estimate of (5).

Are women and/or children more vulnerable? Table 7 indicates that female-headed households are more likely to be poor, but notmore vulnerable than male-headed households. A similar result (not shown in Table 7) holds when households are defined as majority male vs. majority female. However, with children a different story emerges - although the proportion of children is not correlated with poverty, it is strongly correlated with vulnerability. Table 7 also tests hypotheses regarding the presence of elderly, handicapped and ill household members.

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Who is most vulnerable to macroeconomic shocks?: hypotheses tests using panel data from Peru by Paul Glewwe


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