This paper uses a simple empirical approach to estimate vulnerability to food inadequacy using a cross-section data from the 2001 Timor-Leste Living Standard Measurement Survey. This measurement is based on the assumption that households are exposed to the same kind of shock. We find that the...

In the extant literature either income or consumption expenditures as measured over short periods of time have been regarded as proxies for the material well-being of households. However, economists have long recognized that a household's sense of well-being depends not just on its average...