Measuring Individual Vulnerability

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The role of non-timber forest products in household coping strategies in South Africa: the influence of household wealth and gender (2011, background): “Poverty in rural sub-Saharan Africa results from vulnerability to a range of external and local shocks and stresses with vulnerability defined here as the level of the risk of future poverty experienced by a household at any given point in time ( Calvo and Dercon 2005; De la Fuente 2010).”
Vulnerability: A Micro Perspective (2006, methodology): “14 The rest of the analysis in this section is based on Calvo and Dercon (2005). 15 Recall the parallel with individual poverty measures which can be written as Pi*=P(z,yi), but then only one outcome yi needs to be considered.”