Based on a set of household survey data, this paper is among the first to analyze vulnerability in rural China. In particular, cohort analysis is introduced to explore the relationship between vulnerability and diversification and the education-vulnerability nexus. Empirical results indicate...

This paper proposes a semi-parametric method for poverty decomposition, which combines the data-generating procedure of Shorrocks and Wan (2004) with the Shapley value framework of Sharrocks (1999). Compared with the popular method of Datt and Ravallion (1992), our method is more robust to...