Welfare Dynamics Measurement: Two Definitions of a Vulnerability Line and Their Empirical Application
Hai-Anh Dang () and
Peter F. Lanjouw
Review of Income and Wealth, 2017, vol. 63, issue 4, 633-660
We propose a new approach to develop vulnerability lines that are explicitly anchored to the idea of a sub‐set of the population at risk of falling into poverty. We suggest that lines developed in this way can also be applied for the purpose of identifying the middle class (or “secure”). We illustrate that such vulnerability lines can be straightforwardly estimated with panel data, drawing on data from the USA and Vietnam. Importantly, given the relative scarcity of panel datasets, we show further that our method can be applied to synthetic panel datasets. We demonstrate this by means of an illustration using repeated cross‐section data from India. Our results indicate that in Vietnam and India during the 2000s, the population shares that can be designated as poor and as secure have, respectively, been falling and expanding, with the vulnerable share of the population remaining fairly stable. Sharply contrasting trends are seen in the USA.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31) Track citations by RSS feed
Downloads: (external link)
Working Paper: Welfare dynamics measurement: two definitions of a vulnerability line and their empirical application (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:revinw:v:63:y:2017:i:4:p:633-660
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0034-6586
Access Statistics for this article
Review of Income and Wealth is currently edited by Conchita D'Ambrosio and Robert J. Hill
More articles in Review of Income and Wealth from International Association for Research in Income and Wealth Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().