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On the Definition and Estimation of Economic Resilience using Counterfactuals

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NBER2024-12-01 更新2025-01-04 收录
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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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2024-12-01
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