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Reference: Sanghamitra Bandyopadhyay and Frank Cowell, (2007). Modelling Vulnerability in the UK. Department of Economics (University of Oxford).Citable link to this page:

 

Modelling Vulnerability in the UK. Series: Discussion paper series

Abstract: In this paper we examine the concept of vulnerability (Townsend 1994)within the context of income mobility of the poor. We test for the dynam-ics of vulnerable households in the UK using Waves 1 - 12 of the BritishHousehold Panel Survey and …nd that, of three di¤erent types of risks thatwe test for, household-speci…c shocks and economy-wide aggregate shockshave the greatest impact on consumption, in comparison to shocks to theincome stream. Quantile-speci…c estimates reveal speci…c quantiles, particu-larly those around the poverty line which are most susceptible to be vulner-able to shocks to the income stream. The estimates are found to be robustto household composition and year-speci…c shocks.

Bibliographic Details

Issue Date: 2007Identifiers

Urn: uuid:43c935ba-79c3-4a08-abec-2e7ad649e496 Item Description

Type: info:eu-repo/semantics/workingPaper;

Language: en Tiny URL: ora:1352

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Author: Sanghamitra Bandyopadhyay - - - Frank Cowell - - - - Bibliographic Details Issue Date: 2007 - Identifiers Urn: uuid:43c935ba-79c3

Source: https://ora.ox.ac.uk/objects/uuid:43c935ba-79c3-4a08-abec-2e7ad649e496



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