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...

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Váldodahkkit: Calvo, C, Dercon, S
Materiálatiipa: Working paper
Giella:English
Almmustuhtton: 2007
Fáttát:
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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.
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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