Summary Households in developing countries are frequently hit by severe idiosyncratic and covariate shocks leading to high consumption volatility. A household's currently observed poverty status might therefore not be a good indicator of the household's general vulnerability to poverty. In the...

Survey data on income and expenditure is often of low quality and does not capture the volatile and irregular nature of cash flows of poor households. Financial diaries are increasingly used to improve the precision and accuracy of consumption and income estimates. In this paper we analyze...

Empirical social sciences rely heavily on surveys to measure human behavior. Previous studies show that such data are prone to random errors and systematic biases caused by social desirability, recall challenges, and the Hawthorne effect. Moreover, collecting high frequency survey data is often...

One of the most frequent critiques of the HDI is that it does not take into account inequality within countries in its three dimensions. We use a simple approach, which allows to compute the three components and the overall HDI for quintiles of the income distribution. This allows to compare the...