Arbeitspapier

Measuring vulnerability: The director's cut

Traditional poverty measures neglect several important dimensions of household welfare. In this paper we construct a measure of ‘vulnerability’ which allows us to quantify the welfare loss associated with poverty as well as the loss associated with any of a variety of different sources of uncertainty. Applying our measure to a panel dataset from Bulgaria in 1994, we find that poverty and risk play roughly equal roles in reducing welfare. Aggregate shocks are more important than idiosyncratic sources of risk, but households headed by an employed, educated male are less vulnerable to aggregate shocks than are other households. – vulnerability ; risk ; Bulgaria

ISBN
9291902977
Sprache
Englisch

Erschienen in
Series: WIDER Discussion Paper ; No. 2002/86

Klassifikation
Wirtschaft
Measurement and Analysis of Poverty
Thema
Armut
Messung
Risiko
Bulgarien

Ereignis
Geistige Schöpfung
(wer)
Ligon, Ethan
Schechter, Laura
Ereignis
Veröffentlichung
(wer)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(wo)
Helsinki
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ligon, Ethan
  • Schechter, Laura
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Entstanden

  • 2002

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