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On Measuring Vulnerability to Poverty


Reference:

Dutta, I., Foster, J. and Mishra, A., 2010. On Measuring Vulnerability to Poverty. Working Paper. Bath, U. K.: Department of Economics, University of Bath. (Bath Economics Research Papers; 03/10)

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    Official URL:

    http://www.bath.ac.uk/economics/research/working-papers

    Abstract

    There is a growing interest on dynamic and broader concepts of deprivation such as vulnerability, which takes in to account the destitution of individuals from future shocks. We use the framework of decision making under uncertainty to arrive at a new measure of vulnerability to poverty. We highlight the importance of current standard of living to better capture the notion of vulnerability. In conceptualizing the new class of measures of vulnerability we thus move beyond the standard expected poverty measures that is commonly found in the literature. We also axiomatically characterize the new class of measure and discuss some of it's properties.

    Details

    Item Type Reports/Papers (Working Paper)
    CreatorsDutta, I., Foster, J. and Mishra, A.
    Uncontrolled Keywordsuncertainty, poverty, vulnerability, global political economy
    DepartmentsFaculty of Humanities & Social Sciences > Economics
    Research CentresInstitute for Policy Research
    StatusUnpublished
    ID Code18120

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