Bandyopadhyay, Sanghamitra; Cowell, Frank A. - London School of Economics and Political Science - 2007
In this paper we examine the concept of "vulnerability" (Townsend 1994) within thecontext of income mobility of the poor. We test for the dynamics of vulnerablehouseholds in the UK using Waves 1 - 12 of the British Household Panel Survey andfind that, of three different types of risks that we...