Vulnerability to poverty
Standard poverty analysis makes statements about deprivation after the veil of uncertainty has been lifted. Nonetheless, the term 'vulnerability' has been used as a tool to remark that uncertainty and risk do matter. In this paper, we define 'vulnerability to poverty' as the ma...
Váldodahkkit: | , |
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Materiálatiipa: | Working paper |
Giella: | English |
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2007
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author | Calvo, C Dercon, S |
author_facet | Calvo, C Dercon, S |
author_sort | Calvo, C |
collection | OXFORD |
description | Standard poverty analysis makes statements about deprivation after the veil of uncertainty has been lifted. Nonetheless, the term 'vulnerability' has been used as a tool to remark that uncertainty and risk do matter. In this paper, we define 'vulnerability to poverty' as the magnitude of the threat of poverty, measured ex- ante, before uncertainty is resolved. We describe the desirable properties of a vulnerability measure as a set of axioms, and present a family of measures satisfying our desiderata at the individual level. We also propose a family of measures of aggregate vulnerability, a concept which has remained largely unexplored thus far. |
first_indexed | 2024-03-07T01:48:08Z |
format | Working paper |
id | oxford-uuid:9922cd6f-3d11-44ee-832c-d48141a33cce |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-07T01:48:08Z |
publishDate | 2007 |
record_format | dspace |
spelling | oxford-uuid:9922cd6f-3d11-44ee-832c-d48141a33cce2022-03-27T00:12:07ZVulnerability to povertyWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:9922cd6f-3d11-44ee-832c-d48141a33cceDevelopment economicsEconomicsPovertyEnglishOxford University Research Archive - Valet2007Calvo, CDercon, SStandard poverty analysis makes statements about deprivation after the veil of uncertainty has been lifted. Nonetheless, the term 'vulnerability' has been used as a tool to remark that uncertainty and risk do matter. In this paper, we define 'vulnerability to poverty' as the magnitude of the threat of poverty, measured ex- ante, before uncertainty is resolved. We describe the desirable properties of a vulnerability measure as a set of axioms, and present a family of measures satisfying our desiderata at the individual level. We also propose a family of measures of aggregate vulnerability, a concept which has remained largely unexplored thus far. |
spellingShingle | Development economics Economics Poverty Calvo, C Dercon, S Vulnerability to poverty |
title | Vulnerability to poverty |
title_full | Vulnerability to poverty |
title_fullStr | Vulnerability to poverty |
title_full_unstemmed | Vulnerability to poverty |
title_short | Vulnerability to poverty |
title_sort | vulnerability to poverty |
topic | Development economics Economics Poverty |
work_keys_str_mv | AT calvoc vulnerabilitytopoverty AT dercons vulnerabilitytopoverty |