Measuring Vulnerability Using the Counting Approach

Indranil Dutta and Ajit Mishra

Economics Discussion Paper Series from Economics, The University of Manchester

Abstract: Vulnerability has become an integral part of any deprivation assessment. In this paper we take a fresh look at measuring vulnerability, where we separate out the identification part of whether an individual is vulnerable from the aggregation part as has been done in the multi-dimensional poverty context. In doing so, we have also been able to deal with one of the crucial problems that we see in the multi-dimensional context, which is that of weights used on the different dimensions under aggregation. We axiomatically characterise this new measure of vulnerability and thus also provide a theoretical underpinning to many of the empirical applications in this field. Further, we provide a real world application of the measure using data from Bangladesh.

Date: 2018
Note: Paper withdrawn. See EDP-1915.
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Persistent link: https://EconPapers.repec.org/RePEc:man:sespap:1810

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