Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/52794
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dc.contributor.authorLigon, Ethanen_US
dc.contributor.authorSchechter, Lauraen_US
dc.date.accessioned2011-12-14T09:39:34Z-
dc.date.available2011-12-14T09:39:34Z-
dc.date.issued2002en_US
dc.identifier.isbn9291902977en_US
dc.identifier.urihttp://hdl.handle.net/10419/52794-
dc.description.abstractTraditional poverty measures neglect several important dimensions of household welfare. In this paper we construct a measure of ‘vulnerability’ which allows us to quantify the welfare loss associated with poverty as well as the loss associated with any of a variety of different sources of uncertainty. Applying our measure to a panel dataset from Bulgaria in 1994, we find that poverty and risk play roughly equal roles in reducing welfare. Aggregate shocks are more important than idiosyncratic sources of risk, but households headed by an employed, educated male are less vulnerable to aggregate shocks than are other households. – vulnerability ; risk ; Bulgariaen_US
dc.language.isoengen_US
dc.publisher|aUNU-WIDER |cHelsinkien_US
dc.relation.ispartofseries|aWIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) |x2002/86en_US
dc.subject.jelI32en_US
dc.subject.jelD8en_US
dc.subject.ddc330en_US
dc.subject.stwArmuten_US
dc.subject.stwMessungen_US
dc.subject.stwRisikoen_US
dc.subject.stwBulgarienen_US
dc.titleMeasuring vulnerability: The director's cuten_US
dc.typeWorking Paperen_US
dc.identifier.ppn355587858en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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