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Uncertainty and unpredictability faced by low-income households increase their vulnerability making poverty even more … vulnerability. A theoretical framework is developed to examine the mechanisms through which the pecuniary and non-pecuniary effects …. Going beyond the traditional poverty estimates, we use a vulnerability measure which quantifies the welfare loss associated …
Persistent link: https://www.econbiz.de/10010321600
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 …
Persistent link: https://www.econbiz.de/10010325021
Nach den Armuts- und Reichtumsberichten der Bundesregierung hat die Einkommensarmut in Deutschland den höchsten Stand seit 20 Jahren erreicht. Dieser statistische Befund wird vielfach als Beleg für die Existenz und das Wachstum einer "abgehängten Unterklasse" gesehen. In anderen Szenarien...
Persistent link: https://www.econbiz.de/10011601715
This paper uses five life histories from three locations in Zimbabwe - one peri-urban, one urban and one rural to provide a window on current processes of impoverishment and adverse coping. Each case and location highlight key aspects of Zimbabwe's recent economic and political turmoil. Together...
Persistent link: https://www.econbiz.de/10010273436
There are alternative definitions of vulnerability to poverty. Most researchers prefer to define vulnerability as the … panel data from rural China, this paper attempt to assess the extent to which we can measure vulnerability to poverty. The … assessment is based on comparisons between predicted vulnerability and actually observed poverty. We find that the precision of …
Persistent link: https://www.econbiz.de/10010273515
number of interrelated headings: (1) Chronic vs. transient poverty; (2) Poverty and vulnerability; (3) The determination of …
Persistent link: https://www.econbiz.de/10010279127
size can contribute to poverty and vulnerability through its impact on household savings, labor supply, and parental …
Persistent link: https://www.econbiz.de/10011429803
Concomitant to the analysis of poverty is the measurement of vulnerability. Estimates of household vulnerability to … household characteristics. Resulting vulnerability estimates are found to be higher than poverty rates, suggesting that policy …
Persistent link: https://www.econbiz.de/10011429866
This paper examines the measurement of social welfare, poverty and inequality taking into account features that have been found to be important welfare determinants in behavioural economics. Most notably, we incorporate reference-dependence, loss aversion and diminishing sensitivity - aspects...
Persistent link: https://www.econbiz.de/10010319772