Chapter 1: Introduction -- Chapter 2: Theories and Evidence of Financial Vulnerability -- Chapter 3: Building a Financial Vulnerability Model -- Chapter 4: Socio-Cultural and Economic Institutions at the Local Level -- Chapter 5: The Household as Financial Manager -- Chapter 6: Markets and...

In this article, we analyze the dynamics of household per capita incomes using longitudinal data from Indonesia, South Africa, Spain and Venezuela. We find that in all four countries reported initial income and job changes of the head are consistently the most important variables in accounting...

We use direct evidence on credit constraints to study their importance for household consumption growth and for welfare. We distentangle the direct effect on consumption growth of a currently binding credit constraints from the indirect effect of a potentially binding credit constraint which...