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Measuring Individual Vulnerability

Abstract:

Standard poverty analysis makes statements about deprivation after the veil of uncertainty has been lifted. This implies that there is no meaningful role for risk as part of an assessment of potentially low states of well-being. In this paper, we introduce a concept of vulnerability, as a threat of poverty, with downside risk at its core. More specifically, we define a vulnerability measure as an assessment of the magnitude of the threat of poverty, measured ex-ante, before uncertainty is res...

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Authors


Cesar Calvo More by this author
Stefan Dercon More by this author
Volume:
229
Series:
Discussion paper series
Publication date:
2005
URN:
uuid:aec11fc8-51d7-414e-b0ce-9bd274e9417f
Local pid:
ora:1268
Language:
English

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