policy. A critical dimension to poverty dynamics is vulnerability which conceptually pertains to the risk of future poverty …The reduction of poverty is at the heart of the development agenda both nationally and globally. This is reflected in … the measurement of poverty is ex post and thus, public interventions are directed at helping those who have been …

household welfare and poverty measures based on the financial concept of risk aversion and the volatility in welfare, measured … presence of uncertainty and risk, the current poverty status of households is not a good indicator of whether they will be poor … coping strategies. The results show that higher risk and risk aversion is related to lower consumption and higher poverty …

household consumed permanently at the poverty line. The results indicate that vulnerability is very sensitive to the time … to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the …