This paper measures the vulnerability of households in rural India, based upon the ICRISAT panel survey. We employ both … ex ante and ex post measures of vulnerability. The latter are decomposed into aggregate and idiosyncratic risks and …

We investigate if participation in Indian Self Help Group microfinance program (SHG) results in reducing vulnerability …. Vulnerability estimates are constructed using crosssectional SHG rural household survey data, collected in 2003. The potential … the SHG members, vulnerability is not significantly different between the SHG and non-SHG members. This result is found to …

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 …