In this paper the class of Lower Partial Moments (LPMs) is used for measuring vulnerability as downside risk of household income in rural Cameroon. This class of established and coherent risk measures has been shown to meet a number of desirable properties. Among others, the LPMs fulfill the...

In this paper the class of Lower Partial Moments (LPMs) is used for measuring vulnerability as downside risk of household income in rural Cameroon. This class of established and coherent risk measures has been shown to meet a number of desirable properties. Among others, the LPMs fulfill the...

Vulnerability to poverty is a major problem in the rural areas of Sub Saharan Africa. Rural Households are confronted with various covariate and idiosyncratic shocks and are often severely constrained in coping with such events. They frequently resort to food from natural resources such as...