Tag
risk_coping
2 findings
Finance & microfinanceHousehold Income Shock Vulnerability62.0% of households reported an income shock in the previous month, 16.0% missed work days due to shocks, 19.0% reported chronic household illness, and households reported recovering only 37.0% of inventory value during emergency 24-hour liquidations.Observational StudyDevelopmentRemittance Counter-Cyclicity in Transnational Risk CopingRemittances act as informal insurance by increasing significantly during negative income shocks, helping households escape poverty status, maintain child schooling, and invest in small enterprises.Observational Study