Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model … to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the … household consumed permanently at the poverty line. The results indicate that vulnerability is very sensitive to the time …

NEED TO RECONSIDER OUR ACTIONS/DECISIONS WITH RISK AND TROUBLES, SO 'TRUSTING' IS GOING TO HAVE AN IMPORTANT ROLE AS … AND WE WONT TO AVOID THE RISK OF BEING DECEIVED. THESE SOCIAL INTERACTIONS ARE PRECONDITIONS THAT HAVE MANY CONSEQUENCES …

, and makes precise the notion of balance sheet vulnerability. It also sheds some light on the role of asset prices in …

Many existing measures of vulnerability lack a theoretical basis. In this paper we propose to measure vulnerability … rigorously as the welfare of a household which solves an intertemporal optimisation model under risk.In such models, in essence a … strongly on the time horizon considered. We use the model to assess the accuracy of existing regression-based vulnerability …

This article evaluates the fertility impact of family planning program by using prevalence model in Iran. Prevalence … Center of Iran (SCI) and UNFPA-Iran in selected districts of Bushehr (Bushehr and Kangan Districts), Golestan (Gonbadkavoos …

Value-at-Risk (VaR) determines the probability of a portfolio of assets losing a certain amount in a given time period … due to adverse market conditions with a particular level of confidence. Value-at-Risk has received considerable attention … from financial economists and financial practitioners for its use in risk reporting, in particular the risks of derivatives …