Vulnerability to poverty: An empirical comparison of alternative measures
The recent common feeling about a skyrocketing economic risk has drawn increasing attention to its role and consequences on individuals' welfare. In literature one of the concepts that aims to measure it is vulnerability to poverty, that is the probability, today, of being in poverty or to fall into deeper poverty in the future (The World Bank, 2011). This paper compares empirically the several measures of individual vulnerability proposed in the literature, in order to understand which is the best signal of poverty that can be used for policies purposes. To this aim the Receiver Operating Characteristic (ROC) curve, the Pearson and Spearman correlation coefficients are used as precision criteria. The results show that two groups of indexes can be identified, high- and low-performers, and, among the former, that proposed by Dutta et al. (2011) is the most precise.
|Date of creation:||26 Aug 2011|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cesar Calvo & Stefan Dercon, 2005. "Measuring Individual Vulnerability," Economics Series Working Papers 229, University of Oxford, Department of Economics.
- Christopher Gerry & Carmen Li, 2010.
"Consumption smoothing and vulnerability in Russia,"
Taylor & Francis Journals, vol. 42(16), pages 1995-2007.
- Christopher Gerry & Carmen A Li, 2007. "Consumption Smoothing and Vulnerability in Russia," William Davidson Institute Working Papers Series wp885, William Davidson Institute at the University of Michigan.
- Sanghamitra Bandyopadhyay & Frank A Cowell, 2007. "Modelling Vulnerability in the UK," STICERD - Distributional Analysis Research Programme Papers 89, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Sanghamitra Bandyopadhyay & Frank Cowell, 2007. "Modelling vulnerability in the UK," LSE Research Online Documents on Economics 2692, London School of Economics and Political Science, LSE Library.
- Sanghamitra Bandyopadhyay & Frank Cowell, 2007. "Modelling Vulnerability in the UK," Economics Series Working Papers 313, University of Oxford, Department of Economics.
- Lars Osberg, 1998. "Economic Insecurity," Discussion Papers 0088, University of New South Wales, Social Policy Research Centre.
- David Madden, 2011. "Health and income poverty in Ireland, 2003–2006," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 9(1), pages 23-33, March.
- Madden, D, 2008. "Health and Income Poverty in Ireland, 2003-2006," Health, Econometrics and Data Group (HEDG) Working Papers 08/14, HEDG, c/o Department of Economics, University of York.
- David (David Patrick) Madden, 2008. "Health and income poverty in Ireland, 2003-2006," Working Papers 200815, School of Economics, University College Dublin.
- Foster, James & Greer, Joel & Thorbecke, Erik, 1984. "A Class of Decomposable Poverty Measures," Econometrica, Econometric Society, vol. 52(3), pages 761-766, May.
- Andrea Brandolini & Silvia Magri & Timothy M. Smeeding, 2010. "Asset-based measurement of poverty," Temi di discussione (Economic working papers) 755, Bank of Italy, Economic Research and International Relations Area.
- Silvia Magri & Timothy Smeeding & Andrea Brandolini, 2010. "Asset-Based Measurement of Poverty," LWS Working papers 10, LIS Cross-National Data Center in Luxembourg.
- Hoddinott, John & Quisumbing, Agnes, 2003. "Methods for microeconometric risk and vulnerability assessments," Social Protection and Labor Policy and Technical Notes 29138, The World Bank.
- Bob Baulch & John Hoddinott, 2000. "Economic mobility and poverty dynamics in developing countries," Journal of Development Studies, Taylor & Francis Journals, vol. 36(6), pages 1-24.
- Raghbendra JHA & Tu DANG & Krishna Lal SHARMA, 2009. "Vulnerability to poverty in Fiji," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 9(1).
- Raghbendra Jha & Tu Dang & K L Sharma, 2008. "Vulnerability to Poverty in Fiji," Departmental Working Papers 2008-07, The Australian National University, Arndt-Corden Department of Economics.
- Zhang, Yuan & Wan, Guanghua, 2008. "Can We Predict Vulnerability to Poverty?," WIDER Working Paper Series 082, World Institute for Development Economic Research (UNU-WIDER).
- Jamal, Haroon, 2009. "Assessing Vulnerability to Poverty:Evidence from Pakistan," MPRA Paper 40228, University Library of Munich, Germany.
- Indranil Dutta & James Foster & Ajit Mishra, 2011. "On measuring vulnerability to poverty," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 37(4), pages 743-761, October.
- James E. Foster & Indranil Dutta & Ajit Mishra, 2010. "On Measuring Vulnerability to Poverty," Working Papers 2010-13, The George Washington University, Institute for International Economic Policy.
- Gaiha, Raghav & Imai, Katsushi, 2008. "Measuring Vulnerability and Poverty: Estimates for Rural India," WIDER Working Paper Series 040, World Institute for Development Economic Research (UNU-WIDER).
- Md. Shafiul Azam & Katsushi Imai, 2009. "Vulnerability and Poverty in Bangladesh," The School of Economics Discussion Paper Series 0905, Economics, The University of Manchester.
- Md. Shafiul Azam & Katsushi S. Imai, 2010. "Vulnerability and poverty in Bangladesh," Working Papers id:2675, eSocialSciences.
- Md. Shafiul Azam & Katsushi S. Imai, 2009. "Vulnerability and Poverty in Bangladesh," ASARC Working Papers 2009-02, The Australian National University, Australia South Asia Research Centre.
- Katsushi Imai & Xiaobing Wang & Woojin Kang, 2010. "Poverty and vulnerability in rural China: effects of taxation," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 8(4), pages 399-425.
- Katsushi S. Imai & Xiaobing Wang & Woojin Kang, 2009. "Poverty and Vulnerability in Rural China: Effects of Taxation," The School of Economics Discussion Paper Series 0913, Economics, The University of Manchester.
- Xiaobing Wang & Woojin Kang & Katsushi S. Imai, 2010. "Poverty and Vulnerability in Rural China: Effects of Taxation," Working Papers id:2886, eSocialSciences.
- Ethan Ligon & Laura Schechter, 2003. "Measuring Vulnerability," Economic Journal, Royal Economic Society, vol. 113(486), pages 95-102, March.
- Ligon, Ethan & Schechter, Laura, 2002. "Measuring Vulnerability," 2002 Annual meeting, July 28-31, Long Beach, CA 19899, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Ligon, Ethan & Laura Schechter, 2002. "Measuring Vulnerability," Royal Economic Society Annual Conference 2002 128, Royal Economic Society.
- Pritchett, Lant & Suryahadi, Asep & Sumarto, Sudarno, 2000. "Quantifying vulnerability to poverty - a proposed measure, applied to Indonesia," Policy Research Working Paper Series 2437, The World Bank.
- Osberg, L., 1998. "Economic Insecurity in the Malaysian Context," Working Papers 18, John Deutsch Institute for the Study of Economic Policy.
- Osberg, L., 1999. "Economic Insecurity in the Malaysian Context," Working Papers 22, John Deutsch Institute for the Study of Economic Policy.
- Katsushi Imai & Raghav Gaiha & Woojin Kang, 2011. "Vulnerability and poverty dynamics in Vietnam," Applied Economics, Taylor & Francis Journals, vol. 43(25), pages 3603-3618.
- Raghav Gaiha & Katsushi Imai & Woojin Kang, 2007. "Vulnerability and poverty dynamics in Vietnam," The School of Economics Discussion Paper Series 0708, Economics, The University of Manchester.
- Jalan, Jyotsna & Ravallion, Martin, 1998. "Determinants of transient and chronic poverty : evidence from rural China," Policy Research Working Paper Series 1936, The World Bank. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:33002. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.