) axiomatic measure of vulnerability to poverty. We apply a measure of both vulnerability to downside risk and to poverty to data …In this paper we propose a new measure of vulnerability called vulnerability to downside risk. The relevant benchmark … substantially between different wealth groups. Consequently, the relation between initial wealth and vulnerability to downside risk …

We investigate the unexplored link between the risk of poverty and happiness in the context of a developing country …. Using unique longitudinal data, we estimate workers' vulnerability to income-poverty and find a strong negative relationship … between vulnerability and happiness, over and above a positive income effect. The result is robust and cannot be reduced to …

more by weather shocks because they face more constraints in diversifying out of agriculture. Our results also reveal … subtle insights into the relationships between gender and poverty. …

households headed by men. We analyze the determinants of consumption, shock exposure and vulnerability to poverty. Using unique … and less vulnerable to poverty than households with a male head. In Vietnam de jure female-headed households are … consumption poorer and more vulnerable to poverty. In Thailand de jure female-headed households do not differ significantly from …

The objective of this paper is to investigate the i ncidence of different types of shocks and identify the household … shock, be it natural, agricultural, econ omic, social or relating to health.. The natural/agricultural shocks have major … share in the total burden of shocks while the households’ coping mechanism is ov erwhelmingly informal and largely asset …

risk and uncertainty are key to understand the dynamics leading to and perpetuating poverty, it is only recently that … policy makers have taken a more active interest in trying to incorporate considerations of risk and vulnerability into their … vulnerability by generating the first quantitative assessment of vulnerability in Uganda, a country at the forefront of poverty …

substantially different levels of vulnerability to poverty among population groups facing different risks. In the context of the … the changing role of the risk-mitigating social policies looking through the theoretical lenses of the risk society. The … state shifts towards promotion of individual responsibility for risk management. The welfare state policies can produce …

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 … high mobility in and out of poverty. …

household consumed permanently at the poverty line. The results indicate that vulnerability is very sensitive to the time …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 …