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 magn...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
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CSAE (University of Oxford)
2007
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| _version_ | 1826301729654702080 |
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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 | 2024-03-07T05:36:46Z |
| format | Working paper |
| id | oxford-uuid:e427db48-53f9-4ff9-a01e-2492685958d7 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T05:36:46Z |
| publishDate | 2007 |
| publisher | CSAE (University of Oxford) |
| record_format | dspace |
| spelling | oxford-uuid:e427db48-53f9-4ff9-a01e-2492685958d72022-03-27T10:14:36ZVulnerability to povertyWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:e427db48-53f9-4ff9-a01e-2492685958d7EnglishDepartment of Economics - ePrintsCSAE (University of Oxford)2007Calvo, 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 | 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 |
| work_keys_str_mv | AT calvoc vulnerabilitytopoverty AT dercons vulnerabilitytopoverty |