Micro-Level Estimation of Welfare

Micro-Level Estimation of Welfare PDF Author: Peter F. Lanjouw
Publisher:
ISBN:
Category :
Languages : en
Pages : 57

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Book Description
The authors construct and derive the properties of estimators of welfare that take advantage of the detailed information about living standards available in small household surveys and the comprehensive coverage of a census or large sample. By combining the strengths of each, the estimators can be used at a remarkably disaggregated level. They have a clear interpretation, are mutually comparable, and can be assessed for reliability using standard statistical theory.Using data from Ecuador, the authors obtain estimates of welfare measures, some of which are quite reliable for populations as small as 15,000 households - a quot;town.quot; They provide simple illustrations of their use. Such estimates open up the possibility of testing, at a more convincing intra-country level, the many recent models relating welfare distributions to growth and a variety of socioeconomic and political outcomes.This paper - a product of the Poverty Team, Development Research Group - is part of a larger effort in the group to develop tools for the analysis of poverty and income distribution.

Micro-Level Estimation of Welfare

Micro-Level Estimation of Welfare PDF Author: Peter F. Lanjouw
Publisher:
ISBN:
Category :
Languages : en
Pages : 57

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Book Description
The authors construct and derive the properties of estimators of welfare that take advantage of the detailed information about living standards available in small household surveys and the comprehensive coverage of a census or large sample. By combining the strengths of each, the estimators can be used at a remarkably disaggregated level. They have a clear interpretation, are mutually comparable, and can be assessed for reliability using standard statistical theory.Using data from Ecuador, the authors obtain estimates of welfare measures, some of which are quite reliable for populations as small as 15,000 households - a quot;town.quot; They provide simple illustrations of their use. Such estimates open up the possibility of testing, at a more convincing intra-country level, the many recent models relating welfare distributions to growth and a variety of socioeconomic and political outcomes.This paper - a product of the Poverty Team, Development Research Group - is part of a larger effort in the group to develop tools for the analysis of poverty and income distribution.

Micro-level Estimation of Welfare

Micro-level Estimation of Welfare PDF Author: Chris Elbers
Publisher: World Bank Publications
ISBN:
Category : Bienestar social
Languages : en
Pages : 64

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Book Description
The authors construct and derive the properties of estimators of welfare that take advantage of the detailed information about living standards available in small household surveys and the comprehensive coverage of a census or large sample. By combining the strengths of each, the estimators can be used at a remarkably disaggregated level. They have a clear interpretation, are mutually comparable, and can be assessed for reliability using standard statistical theory. Using data from Ecuador, the authors obtain estimates of welfare measures, some of which are quite reliable for populations as small as 15,000 households--a "town." They provide simple illustrations of their use. Such estimates open up the possibility of testing, at a more convincing intra-country level, the many recent models relating welfare distributions to growth and a variety of socioeconomic and political outcomes. This paper--a product of the Poverty Team, Development Research Group--is part of a larger effort in the group to develop tools for the analysis of poverty and income distribution.

Measuring Economic Welfare: What and How?

Measuring Economic Welfare: What and How? PDF Author: Mr.Marshall B Reinsdorf
Publisher: International Monetary Fund
ISBN: 1513544586
Category : Business & Economics
Languages : en
Pages : 49

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Book Description
Calls for a more people-focused approach to statistics on economic performance, and concerns about inequality, environmental impacts, and effects of digitalization have put welfare at the top of the measurement agenda. This paper argues that economic welfare is a narrower concept than well-being. The new focus implies a need to prioritize filling data gaps involving the economic welfare indicators of the System of National Accounts 2008 (SNA) and improving their quality, including the quality of the consumption price indexes. Development of distributional indicators of income, consumption, and wealth should also be a priority. Definitions and assumptions can have big effects on these indicators and should be documented. Concerns have also arisen over potentially overlooked welfare growth from the emergence of the digital economy. However, the concern that free online platforms are missing from nominal GDP is incorrect. Also, many of the welfare effects of digitalization require complementary indicators, either because they are conceptually outside the boundary of GDP or impossible to quantify without making uncertain assumptions.

Microsimulation as a Tool for the Evaluation of Public Policies

Microsimulation as a Tool for the Evaluation of Public Policies PDF Author: Amedeo Spadaro
Publisher: Fundacion BBVA
ISBN: 8496515176
Category : Economic policy
Languages : en
Pages : 359

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Book Description
Los desarrollos en el ámbito de la investigación sobre la evaluación de políticas públicas están experimentando actualmente un gran avance. En este contexto, las técnicas de microsimulación -basadas en la representación del comportamiento de los individuos frente a cambios reales o hipotéticos en su entorno económico e institucional- han adquirido particular relevancia por su capacidad para evaluar a priori diferentes escenarios y facilitar la toma de decisiones. Las técnicas de simulación se realizan con modelos de absoluta precisión y exactitud que permiten estudiar y predecir el impacto y los efectos de una política sobre una muestra de individuos, familias o empresas representativa de la población total. Este libro presenta la microsimulación como técnica de evaluación de las políticas públicas, al mismo tiempo que propone una revisión razonada de los recientes avances. Una conclusión común es que, gracias a un modelo de microsimulación, es posible identificar la mejor política de redistribución posible (en el sentido de maximizar una determinada función de bienestar social). De manera general, mediante el uso de esta técnica es posible hacer complementarios los enfoques macro de equilibrio económico general y micro de simulación de los comportamientos individuales. La presente publicación ofrece una herramienta de referencia a investigadores, académicos, políticos y analistas.

The Analysis of Household Surveys

The Analysis of Household Surveys PDF Author: Angus Deaton
Publisher: World Bank Publications
ISBN: 9780801852541
Category : Business & Economics
Languages : en
Pages : 492

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Book Description
Using data from several countries, including Cote d'Ivoire, India, Pakistan, Taiwan, and Thailand, this book analyzes household survey data from developing countries and illustrates how such data can be used to cast light on a range of short-term and long-term policy issues.

Handbook on Poverty + Inequality

Handbook on Poverty + Inequality PDF Author: Jonathan Haughton
Publisher: World Bank Publications
ISBN: 0821376144
Category : Business & Economics
Languages : en
Pages : 446

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Book Description
For anyone wanting to learn, in practical terms, how to measure, describe, monitor, evaluate, and analyze poverty, this Handbook is the place to start. It is designed to be accessible to people with a university-level background in science or the social sciences. It is an invaluable tool for policy analysts, researchers, college students, and government officials working on policy issues related to poverty and inequality.

assessing asset indices

assessing asset indices PDF Author: Deon Filmer
Publisher: World Bank Publications
ISBN:
Category : Affiliated organizations
Languages : en
Pages : 63

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Book Description
Abstract: This paper compares how results using various methods to construct asset indices match results using per capita expenditures. The analysis shows that inferences about inequalities in education, health care use, fertility, child mortality, as well as labor market outcomes are quite robust to the specific economic status measure used. The measures-most significantly per capita expenditures versus the class of asset indices-do not, however, yield identical household rankings. Two factors stand out in predicting the degree of congruence in rankings between per capita expenditures and an asset index. First is the extent to which per capita expenditures can be explained by observed household and community characteristics. In settings with small transitory shocks to expenditure, or with little measurement error in expenditure, the rankings yielded by the alternative approaches are most similar. Second is the extent to which expenditures are dominated by individually consumed goods such as food. Asset indices are typically derived from indicators of goods which are effectively public at the household level, while expenditures are often dominated by food, an almost exclusively private good. In settings where private goods such as food are the main component of expenditures, asset indices and per capita consumption yield the least similar results, although adjusting for economies of scale in household expenditures reconciles the results somewhat.

A Measured Approach to Ending Poverty and Boosting Shared Prosperity

A Measured Approach to Ending Poverty and Boosting Shared Prosperity PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464803625
Category : Business & Economics
Languages : en
Pages : 299

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Book Description
In 2013, the World Bank Group adopted two new goals to guide its work: ending extreme poverty and boosting shared prosperity. More specifically, the goals are to reduce extreme poverty in the world to less than 3 percent by 2030, and to foster income growth of the bottom 40 percent of the population in each country. While poverty reduction has been a mainstay of the World Bank s mission for decades, the Bank has now set a specific goal and timetable, and for the first time, the Bank has explicitly included a goal linked to ensuring that growth is shared by all. The discussion until now has centered primarily on articulating the new goals. This report, the latest in World Bank s Policy Research Report series, goes beyond that and lays out their conceptual underpinnings, discusses their relative strengths and weaknesses by contrasting them with alternative indicators, and proposes empirical approaches and requirements to track progress towards the goals. The report makes clear that the challenges posed by the World Bank Group s new stance extend not just to the pursuit of these goals but, indeed, to their very definition and empirical content. The report also argues that an improved data infrastructure, consisting of many elements including the collection of more and better survey data, is critical to ensure that progress towards these goals can be measured, and policies to help achieve them can be identified and prioritized.

Poverty and Social Exclusion

Poverty and Social Exclusion PDF Author: Gianni Betti
Publisher: Routledge
ISBN: 1136196307
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
Poverty and inequality remain at the top of the global economic agenda, and the methodology of measuring poverty continues to be a key area of research. This new book, from a leading international group of scholars, offers an up to date and innovative survey of new methods for estimating poverty at the local level, as well as the most recent multidimensional methods of the dynamics of poverty. It is argued here that measures of poverty and inequality are most useful to policy-makers and researchers when they are finely disaggregated into small geographic units. Poverty and Social Exclusion: New Methods of Analysis is the first attempt to compile the most recent research results on local estimates of multidimensional deprivation. The methods offered here take both traditional and multidimensional approaches, with a focus on using the methodology for the construction of time-related measures of deprivation at the individual and aggregated levels. In analysis of persistence over time, the book also explores whether the level of deprivation is defined in terms of relative inequality in society, or in relation to some supposedly absolute standard. This book is of particular importance as the continuing international economic and financial crisis has led to the impoverishment of segments of population as a result of unemployment, bankruptcy, and difficulties in obtaining credit. The volume will therefore be of interest to all those working on economic, econometric and statistical methods and empirical analyses in the areas of poverty, social exclusion and income inequality.

On the Unequal Inequality of Poor Communities

On the Unequal Inequality of Poor Communities PDF Author: Chris Elbers
Publisher: World Bank Publications
ISBN: 2004072717
Category : Income distribution
Languages : en
Pages : 35

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Book Description