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Vulnerability Orderings for Expected Poverty Indices

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  • Satya R. Chakravarty
  • Nachiketa Chattopadhyay
  • Liu Qingbin

Abstract

type="main"> Vulnerability to poverty refers to the risk of an individual or household falling below the poverty line. A partial vulnerability to poverty ordering is defined to indicate when a situation characterized by uncertainty means that people are more vulnerable to poverty than in another situation. The family of expected poverty indices used in this context contains versions under vulnerability of many well-known poverty indices. The ordering resembles the Hardy et al. result on the Lorenz partial ordering. A separate ordering for the expected income gap ratio is also investigated. First-order stochastic dominance is used to indicate when the expected value of the censored returns from the states increases.

Suggested Citation

  • Satya R. Chakravarty & Nachiketa Chattopadhyay & Liu Qingbin, 2015. "Vulnerability Orderings for Expected Poverty Indices," The Japanese Economic Review, Japanese Economic Association, vol. 66(3), pages 300-310, September.
    • Handle: RePEc:bla:jecrev:v:66:y:2015:i:3:p:300-310
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    Cited by:

    1. Tomoki Fujii, 2016. "Concepts and measurement of vulnerability to poverty and other issues: a review of literature," Chapters, in: Jacques Silber & Guanghua Wan (ed.), The Asian ‘Poverty Miracle’, chapter 3, pages 53-83, Edward Elgar Publishing.
    2. Satya R. Chakravarty & Nachiketa Chattopadhyay & Jacques Silber & Guanghua Wan, 2016. "Measuring the impact of vulnerability on the number of poor: a new methodology with empirical illustrations," Chapters, in: Jacques Silber & Guanghua Wan (ed.), The Asian ‘Poverty Miracle’, chapter 4, pages 84-117, Edward Elgar Publishing.

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