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Vulnerability in a Stochastic Dynamic Model
Elbers, Chris; Gunning, Jan Willem - 2003
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
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Measuring vulnerability and poverty estimates for rural India
Gaiha, Raghav; Imai, Katsushi - 2008
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 …
Persistent link: https://www.econbiz.de/10010273511
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Conceptual and measurement issues in poverty analysis
Thorbecke, Erik - 2004
number of interrelated headings: (1) Chronic vs. transient poverty; (2) Poverty and vulnerability; (3) The determination of …
Persistent link: https://www.econbiz.de/10010279127
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Toward Measuring Household Vulnerability to Income Poverty in the Philippines
Albert, Jose Ramon G.; Elloso, Lilia V.; Ramos, Andre … - 2007
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
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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2012
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
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Measuring vulnerability to poverty using long-term panel data
Landau, Katja; Klasen, Stephan; Zucchini, Walter - 2012
We investigate the accuracy of ex ante assessments of vulnerability to income poverty using cross-sectional data and … vulnerability predictions is limited even when panel data are used. In part this low accuracy is due to low poverty incidence and …
Persistent link: https://www.econbiz.de/10010290956
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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2013
This paper examines the measurement of social welfare, poverty and inequality taking into account reference-dependence, loss aversion and diminishing sensitivity - aspects emphasized in Prospect Theory - to social welfare measurement. We suggest a new notion of equivalent income, the income...
Persistent link: https://www.econbiz.de/10010291490
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Measuring exposure to downside risk with an application to Thailand and Vietnam
Povel, Felix - In: World development : the multi-disciplinary … 71 (2015), pp. 4-24
Persistent link: https://www.econbiz.de/10011432035
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Vulnerability in a stochastic dynamic model
Elbers, Chris; Gunning, Jan Willem - 2003 - Rev.
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/10011334363
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Measuring vulnerability to poverty using long-term panel data
Landau, Katja; Klasen, Stephan; Zucchini, Walter - 2012
We investigate the accuracy of ex ante assessments of vulnerability to income poverty using cross-sectional data and … vulnerability predictions is limited even when panel data are used. In part this low accuracy is due to low poverty incidence and …
Persistent link: https://www.econbiz.de/10010358150