Bandyopadhyay, Sanghamitra; Cowell, Frank A. - London School of Economics and Political Science - 2007
In this paper we examine the concept of "vulnerability" (Townsend 1994) within thecontext of income mobility of the … have the greatest impact on consumption, incomparison to shocks to the income stream. Quantile-specific estimates … revealspecific quantiles, particularly those around the poverty line which are mostsusceptible to be vulnerable to shocks to the …