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Reference: Cesar Calvo and Stefan Dercon, (2007). Vulnerability to poverty.Citable link to this page:


Vulnerability to poverty Series: CSAE working paper series

Abstract: Standard poverty analysis makes statements about deprivation after the veil of uncertainty has been lifted. Nonetheless, the term 'vulnerability' has been used as a tool to remark that uncertainty and risk do matter. In this paper, we define 'vulnerability to poverty' as the magnitude of the threat of poverty, measured ex-ante, before uncertainty is resolved. We describe the desirable properties of a vulnerability measure as a set of axioms, and present a family of measures satisfying our desiderata at the individual level. We also propose a family of measures of aggregate vulnerability, a concept which has remained largely unexplored thus far.

Publication status:PublishedPeer Review status:Not peer reviewedVersion:Author's OriginalNotes:

Bibliographic Details

Issue Date: 2007

Copyright Date: 2007 Identifiers

Urn: uuid:9922cd6f-3d11-44ee-832c-d48141a33cce Item Description

Type: Working/Discussion paper;

Language: en

Version: Author's OriginalKeywords: JEL: D81 JEL: I31 JEL: I32 vulnerability povertySubjects: Development economics Poverty Economics Tiny URL: ora:2584


Autor: Cesar Calvo - institutionUniversidad de Piura, University of Oxford - - - Stefan Dercon -



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