Publication: Household Risk Preparation Indices—Construction and Diagnostics
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2013-11-11
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2013-11-11
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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.
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“Foa, Roberto. 2013. Household Risk Preparation Indices—Construction and Diagnostics. © World Bank. http://hdl.handle.net/10986/16370 License: CC BY 3.0 IGO.”
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