Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under risk. One of the few empirical applications of such models is the study by Rosenzweig and Wolpin (1993) who conclude that Indian farmers in the ICRISAT villages would not...

Little research currently exists on a vulnerability line that distinguishes the poor population from the population that is not poor but that still faces significant risk of falling back into poverty. This paper attempts to fill this gap by proposing vulnerability lines that can be...

Panel data conventionally underpin the analysis of poverty mobility over time. However, such data are not readily available for most developing countries. Far more common are the "snap-shots" of welfare captured by cross-section surveys. This paper proposes a method to construct synthetic panel...