What is meant by economic progress, and how should it be measured? The conventional answer is growth in real GDP over time or compared across countries, a monetary measure adjusted for the general rate of increase in prices. However, there is increasing interest in developing an alternative...

This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of the earlier contributions, and using them to place the current state of the theory in perspective. One of its aims is to suggest that the literature's neglect of Samuelson's...

Households in developing countries are frequently hit by severe idiosyncratic and covariate shocks resulting in high consumption volatility. A household's currently observed poverty status might therefore not be a good indicator of the household's general poverty risk, or in other words its...

This paper investigates the ways in which the distribution of power and well-being within couple households is gendered in the sense of having gendered determinants, from inside the household, rather than just gendered outcomes. We model such households, as Sen (1990) suggests, as sites of...

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...

Using a national household survey and a newly established food security scale, socio-demographic factors affecting the level of household food insecurity in Mexico were identified. Households more likely to be food insecure include those with younger, less-educated household heads, headed by...

Food insecurity is a salient dimension of household poverty and a crucial issue viewed on a global or within a country level. It applies not only to less-developed countries, but also to countries of the European Union. In the European conditions, it implies that people affected by this problem...

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...

This paper studied the effects of credit to private non-financial sectors on income inequality. In particular, we focused on the distinction between household and firm credits, and investigated whether these two types of credit had adverse effects on income inequality. Employing cross-section...