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Vulnerability to poverty in selected Central Asian countries

Jha, Raghbendra; Dang, Ngoc


In the extant literature either income or consumption expenditures as measured over short periods of time have been regarded as a proxy for the material well-being of households. However, economists have long recognized that a household’s sense of well-being depends not just on its average income or expenditures, but also on the risks it faces and its ability to deal with these risks. Hence vulnerability is a more satisfactory measure of welfare. In this study we used the concept of...[Show more]

CollectionsANU Research Publications
Date published: 2009-11-09T02:29:57Z
Type: Journal article
Source: European Journal of Comparative Economics


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