This study explores risk management and risk coping by Senegalese households, focusing particularly on individual vulnerability to shocks within the household by (1) documenting the risks faced by households in Senegal by looking at the frequency and types of shocks that households are exposed...

Intra-household inequalities have long been a source of concern for policy design, but there is very little evidence. The current practice of ignoring inequality within households could lead to an underestimation of both overall inequality and poverty levels, as well as to the misclassification...

The paper provides new measures of global poverty that take seriously the idea of relative-income comparisons but also acknowledge a deep identification problem when the latent norms defining poverty vary systematically across countries. Welfare-consistent measures are shown to be bounded below...