Household Risk Preparation Indices-Construction and Diagnostics

• Tác giả: Roberto Foa
• Ngôn ngữ: eng
• Ký hiệu phân loại: 363.52 Incidence, extent, severity of housing problems
• Thông tin xuất bản: World Bank, Washington, DC, 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 244032
• Chủ đề: 1. household risk; 2. index design; 3. indicators; 4. risk index; 5. risk preparedness

Tóm tắt

Recent years have seen growing interest in the conceptualization and measurement of household risk preparedness at the cross-country level. This paper discusses the challenges faced in the design of composite indices, including indicator selection, aggregation, weighting, and how they might be addressed in the composition of a risk preparedness measure. A simple risk index is devised and a series of diagnostic tests conducted in order to demonstrate the robustness of the new measures and its degree of construct validity.