Handbook of Research on Economic and Social Well-Being
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Handbook of Research on Economic and Social Well-Being

Edited by Conchita D’Ambrosio

The past decade has been characterized by a burgeoning interest in new concepts of individual and social well-being. The impetus for this new research has stemmed from increased demand from policy makers and civil society for measures of progress that go beyond the traditional measures of GDP, as well as improved datasets allowing individuals and households to be tracked over their life course. The aim of this Handbook is to chart these developments and provide extensive surveys of many of the recent themes that have emerged in the research literature. Some of the topics addressed include poverty. relative deprivation and satisfaction, economic insecurity, social exclusion and inequality, income and social polarization, and social fractionalization and diversity. Each topic is first analyzed from a theoretical perspective, followed by detailed empirical discussion.
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Chapter 12: Vulnerability to poverty: empirical findings

Lidia Ceriani

Abstract

Vulnerability to poverty, interpreted as a forward-looking inclusion of uncertainty in the analysis of poverty, has only recently become part of the literature on poverty. This chapter first introduces different definitions of vulnerability to poverty, and then moves on to more operational aspects of its measurement. Through a review of the existing literature, a series of approaches is presented for the selection of an indicator of vulnerability, the development of methods for forecasting future outcomes and variability of the indicator, and finally the identification of a vulnerability threshold. The chapter concludes with an overview of the covariates used by the literature to assess future poverty status, and presents some final remarks.

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