On the Definition and Estimation of Economic Resilience using Counterfactuals
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A household is economically resilient if it manages a shock with minimal reduction in current and future well-being. This paper develops the first measure of resilience consistent with this simple, but compelling definition. Using simulated data, we implement the measure and show it can be used to
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美国国家经济研究局创建时间:
2024-12-01



