Measuring Vulnerability to Poverty

Gisele Kamanou and Jonathan Morduch

No DP2002-58, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Many argue that poverty is intimately linked with 'vulnerability'. Still, there is no consensus about how to define and measure 'vulnerability'. We review theory and describe strengths and limits of recently proposed measures. We then propose a definition of vulnerability and develop a general empirical framework that combines Monte Carlo and bootstrap statistical techniques. The approach estimates the expected distribution of future expenditures for each household and then calculates vulnerability measures as a function of those distributions.

Keywords: Consumption; Poverty; Poverty measurement; Methodology (Poverty) (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (41)

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