Summary This paper proposes a suitable theoretical framework for operationalizing the capability approach using the latent variable methodology. A structural equation model is specified to account for the unobservable and multidimensional aspects characterizing the concept of human development...

This paper proposes a model-based index for quantifying capability deprivation using multiple indicators for multiple dimensions. The proposed index, derived from a structural latent variable model, is a 'two-level' index which can be interpreted as a measure of the lack of freedom to achieve a...

This paper proposes a suitable theoretical framework for operationalizing the capability approach using the latent variable methodology. A structural equation model is specified to account for the unobservable and multidimensional aspects characterizing the concept of human development and to...

COVID-19 closures in Latin American and the Caribbean countries helped to curb the spread of the virus, but inevitably brought negative consequences for households, principally in the form of job losses, income reduction, and, in some cases, food insecurity. Future policy measures should aim to...

Digital connectivity has been a critical mitigating factor for the adverse effects of lockdowns implemented in response to the Coronavirus (Covid-19) pandemic on household welfare in Latin America and the Caribbean. Households with access to digital technologies were able to cope better with the...

Mundlak (1978) showed that when individual effects are correlated with the explanatory variables in an error component (EC) model, the GLS estimator is given by the within. In this paper we bring out some additional interesting properties of the within estimator in Mundlak's model and go on to...