This paper measures the vulnerability of households in rural India, based upon the ICRISAT panel survey. We employ both ex ante and ex post measures of vulnerability. The latter are decomposed into aggregate and idiosyncratic risks and poverty components. Our decomposition shows that...

This note advances a family of poverty measures, Πα, which are derived as simple, normalized Minkowski distance functions. The Πα indices turn out to be the ?th roots of the corresponding Foster, Greer and Thorbecke P? indices. The re-calibration of P? terms of ?? could have certain possible...

This paper discusses the difficulties associated with measuring entrepreneurship in developing countries. Three important dichotomies in the research on entrepreneurship are discussed: formal-informal, legal-illegal, and necessity-opportunity. Several common measures of entrepreneurship are...