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dc.contributor.authorLigon, Ethanen
dc.contributor.authorSchechter, Lauraen
dc.date.accessioned2011-12-14T09:39:34Z-
dc.date.available2011-12-14T09:39:34Z-
dc.date.issued2002-
dc.identifier.isbn9291902977en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Discussion Paper |x2002/86en
dc.subject.jelI32en
dc.subject.jelD8en
dc.subject.ddc330en
dc.subject.stwArmuten
dc.subject.stwMessungen
dc.subject.stwRisikoen
dc.subject.stwBulgarienen
dc.titleMeasuring vulnerability: The director's cut-
dc.typeWorking Paperen
dc.identifier.ppn355587858en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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