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Imperfect Data Increases Uncertainty
9 May 2013 Carl-Gustav Lindén The world is a complex place where risk and uncertainty are an everyday challenge. Decision makers at all levels say...
9 May 2013 Carl-Gustav Lindén The world is a complex place where risk and uncertainty are an everyday challenge. Decision makers at all levels say...
Somik V. Lall and Uwe Deichmann Following the terrible disaster which struck Haiti last month, in which more than 200,000 people are estimated to have...
This paper analyses the pattern and determinants of income risk and expectation in rural India. It uses unique primary survey data eliciting subjective income distribution from households in twelve villages in Bihar. It finds that expected future...
We use public transfers in the form of food aid to test for the presence of risk sharing arrangements at the village level in rural Ethiopia. We reject perfect risk-sharing, but find evidence of partial risk-sharing via transfers. There is also...
Traditional 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...
Part of Journal Special Issue Vulnerability in Development
Part of Journal Special Issue Health and Development