Economics at your fingertips  

Identifying the Vulnerable: Concepts and Measurement

Indranil Dutta, James Foster, Ajit Mishra and Shasi Nandeibam

Economics Discussion Paper Series from Economics, The University of Manchester

Abstract: Vulnerability to poverty, which broadly captures the susceptibility to becoming poor in the future, 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 their level of vulnerability. Given the substantial informational challenges that one faces in the context of measuring vulnerability, our framework allows for different information sets for identification and aggregation. These challenges lead us to propose identification rules based on the future probability of falling into poverty. We axiomatically characterise these identification rules along with a widely used measure of vulnerability. Using a simple societal measure we show that societal vulnerability can be decomposed into vulnerabilities arising from the different shocks. Further, we provide an empirical illustration of the identification and measurement rules proposed in this paper using real-world data from Bangladesh.

JEL-codes: D80 I32 O12 (search for similar items in EconPapers)
Date: 2019-08, Revised 2022-04
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link) ... npapers/EDP-1915.pdf (application/pdf)

Related works:
Working Paper: Identifying the Vulnerable: Concepts and Measurement (2019) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Economics Discussion Paper Series from Economics, The University of Manchester Contact information at EDIRC.
Bibliographic data for series maintained by Marianne Sensier ().

Page updated 2022-11-12
Handle: RePEc:man:sespap:1915