Modelling Vulnerability in the UK
نویسندگان
چکیده
In this paper we examine the concept of "vulnerability" (Townsend 1994) within the context of income mobility of the poor. We test for the dynamics of vulnerable households in the UK using Waves 1 12 of the British Household Panel Survey and find that, of three different types of risks that we test for, household-specific shocks and economy-wide aggregate shocks have the greatest impact on consumption, in comparison to shocks to the income stream. Quantile-specific estimates reveal specific quantiles, particularly those around the poverty line which are most susceptible to be vulnerable to shocks to the income stream. The estimates are found to be robust to household composition and year-specific shocks. • JEL classification D1, D31, I32 •
منابع مشابه
Systemic atherosclerotic plaque vulnerability in patients with Coronary Artery Disease with a single Whole Body [FDG]PET-CT scan
Objective(s): Cardiovascular disease is a leading cause of morbimortality with over half cardiovascular events occurring in the asymptomatic population by traditional risk stratification. This preliminary study aimed to evaluate systemic plaque vulnerability in patients with prior Coronary Artery Disease (CAD) with a single Whole Body [FDG] PET-CT scan in terms of plaq...
متن کاملFuzzy consequence modelling of hydrocarbon offshore pipeline
The traditional event tree analysis uses a single probability to represent each top event. However, it is unrealistic to evaluate the occurrence of each event by using a crisp value without considering the inherent uncertainty and imprecision a state has. The fuzzy set theory is universally applied to deal with this kind of phenomena. The main purpose of this study is to construct an easy metho...
متن کاملHealth Insecurity and Social Protection: Pathways, Gaps, and Their Implications on Health Outcomes and Poverty
Health insecurity has emerged as a major concern among health policy-makers particularly in low- and middle-income countries (LMICs). It includes the inability to secure adequate healthcare today and the risk of being unable to do so in the future as well as impoverishing healthcare expenditure. The increasing health insecurity among 150 million of the world’s poor has moved social protection i...
متن کاملHow Useful Are Early Economic Models?; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modelling”
Early economic modelling has long been recommended to aid research and development (R&D;) decisions in medical innovation, although they are less frequently published and critically appraised. A review of 30 innovations by Grutters et al provides an opportunity to evaluate how early models are used in practice. The evidence of early models can be used to inform two types...
متن کاملEvaluation of Seismic Vulnerability of Reinforced Concrete Buildings Adjacent to the Deep Excavations
In this study, the effect of deep excavation on the seismic response of RC moment resisting building systems has been studied. Deep excavation can cause significant changes in the stress and strain levels of soil environment and also changes in the propagation of seismic waves. This leads to permanent displacements in the foundation system. In this study, three RC building systems, i.e. 5, 10, ...
متن کامل