The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries
As the financial crisis has spread through the world, the lack of real-time data has made it difficult to track its impact in developing countries. The authors use a micro-simulation approach to assess the poverty and distributional effects of the...
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2010/03/12030853/impact-financial-crisis-poverty-income-distribution-insights-simulations-selected-countries http://hdl.handle.net/10986/10206 |
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okr-10986-102062021-04-23T14:02:49Z The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries Habib, Bilal Narayan, Ambar Olivieri, Sergio Sanchez, Carolina AGGREGATE INEQUALITY AGGREGATE POVERTY CHRONICALLY POOR DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING WORLD DEVELOPMENT RESEARCH DISTRIBUTIONAL CHANGES DISTRIBUTIONAL EFFECTS DISTRIBUTIONAL IMPACT ECONOMIC POLICY EQUITABLE DISTRIBUTION EXTREMELY POOR PEOPLE FINANCIAL CRISIS FOOD PRICES GENERAL EQUILIBRIUM MODEL GINI COEFFICIENT GLOBAL POVERTY HIGHER INEQUALITY HISTORICAL DATA HOUSEHOLD DATA HOUSEHOLD INCOME HOUSEHOLD INCOMES INCOME INCOME DISTRIBUTION INCOME GROUPS INCOME SHOCKS INCOME SOURCE INCOME SOURCES INCOMES INDICATOR OF POVERTY INEQUALITY LABOR MARKET LABOR MARKETS LEVELS OF VULNERABILITY MACROECONOMIC POLICIES MACROECONOMIC SHOCKS MIDDLE CLASS PER CAPITA INCOME POLICY DESIGN POLICY MAKERS POLICY RESEARCH POLITICAL ECONOMY POLITICAL ECONOMY IMPLICATIONS POOR POOR HOUSEHOLDS POOR PEOPLE POVERTY LEVELS POVERTY MEASURES POVERTY RATE POVERTY REDUCTION RELATIVE IMPORTANCE RURAL RURAL AREAS RURAL GAP RURAL HOUSEHOLDS SIGNIFICANT IMPACT URBAN AREAS VULNERABLE GROUPS As the financial crisis has spread through the world, the lack of real-time data has made it difficult to track its impact in developing countries. The authors use a micro-simulation approach to assess the poverty and distributional effects of the crisis. In Bangladesh, Mexico, and the Philippines, the authors find increases in both the level and the depth of aggregate poverty. Income shocks are relatively large in the middle (and, in Mexico, the bottom) parts of the income distribution. The authors also find that characteristics of people who become poor because of the crisis are different from those of both chronically poor people and the general population. Findings will be useful for policy makers wishing to identify leading monitoring indicators to track the impact of macroeconomic shocks and to design policies that protect vulnerable groups. 2012-08-13T10:43:42Z 2012-08-13T10:43:42Z 2010-03 http://documents.worldbank.org/curated/en/2010/03/12030853/impact-financial-crisis-poverty-income-distribution-insights-simulations-selected-countries http://hdl.handle.net/10986/10206 English Economic Premise; No. 7 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGGREGATE INEQUALITY AGGREGATE POVERTY CHRONICALLY POOR DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING WORLD DEVELOPMENT RESEARCH DISTRIBUTIONAL CHANGES DISTRIBUTIONAL EFFECTS DISTRIBUTIONAL IMPACT ECONOMIC POLICY EQUITABLE DISTRIBUTION EXTREMELY POOR PEOPLE FINANCIAL CRISIS FOOD PRICES GENERAL EQUILIBRIUM MODEL GINI COEFFICIENT GLOBAL POVERTY HIGHER INEQUALITY HISTORICAL DATA HOUSEHOLD DATA HOUSEHOLD INCOME HOUSEHOLD INCOMES INCOME INCOME DISTRIBUTION INCOME GROUPS INCOME SHOCKS INCOME SOURCE INCOME SOURCES INCOMES INDICATOR OF POVERTY INEQUALITY LABOR MARKET LABOR MARKETS LEVELS OF VULNERABILITY MACROECONOMIC POLICIES MACROECONOMIC SHOCKS MIDDLE CLASS PER CAPITA INCOME POLICY DESIGN POLICY MAKERS POLICY RESEARCH POLITICAL ECONOMY POLITICAL ECONOMY IMPLICATIONS POOR POOR HOUSEHOLDS POOR PEOPLE POVERTY LEVELS POVERTY MEASURES POVERTY RATE POVERTY REDUCTION RELATIVE IMPORTANCE RURAL RURAL AREAS RURAL GAP RURAL HOUSEHOLDS SIGNIFICANT IMPACT URBAN AREAS VULNERABLE GROUPS |
| spellingShingle |
AGGREGATE INEQUALITY AGGREGATE POVERTY CHRONICALLY POOR DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING WORLD DEVELOPMENT RESEARCH DISTRIBUTIONAL CHANGES DISTRIBUTIONAL EFFECTS DISTRIBUTIONAL IMPACT ECONOMIC POLICY EQUITABLE DISTRIBUTION EXTREMELY POOR PEOPLE FINANCIAL CRISIS FOOD PRICES GENERAL EQUILIBRIUM MODEL GINI COEFFICIENT GLOBAL POVERTY HIGHER INEQUALITY HISTORICAL DATA HOUSEHOLD DATA HOUSEHOLD INCOME HOUSEHOLD INCOMES INCOME INCOME DISTRIBUTION INCOME GROUPS INCOME SHOCKS INCOME SOURCE INCOME SOURCES INCOMES INDICATOR OF POVERTY INEQUALITY LABOR MARKET LABOR MARKETS LEVELS OF VULNERABILITY MACROECONOMIC POLICIES MACROECONOMIC SHOCKS MIDDLE CLASS PER CAPITA INCOME POLICY DESIGN POLICY MAKERS POLICY RESEARCH POLITICAL ECONOMY POLITICAL ECONOMY IMPLICATIONS POOR POOR HOUSEHOLDS POOR PEOPLE POVERTY LEVELS POVERTY MEASURES POVERTY RATE POVERTY REDUCTION RELATIVE IMPORTANCE RURAL RURAL AREAS RURAL GAP RURAL HOUSEHOLDS SIGNIFICANT IMPACT URBAN AREAS VULNERABLE GROUPS Habib, Bilal Narayan, Ambar Olivieri, Sergio Sanchez, Carolina The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries |
| relation |
Economic Premise; No. 7 |
| description |
As the financial crisis has spread
through the world, the lack of real-time data has made it
difficult to track its impact in developing countries. The
authors use a micro-simulation approach to assess the
poverty and distributional effects of the crisis. In
Bangladesh, Mexico, and the Philippines, the authors find
increases in both the level and the depth of aggregate
poverty. Income shocks are relatively large in the middle
(and, in Mexico, the bottom) parts of the income
distribution. The authors also find that characteristics of
people who become poor because of the crisis are different
from those of both chronically poor people and the general
population. Findings will be useful for policy makers
wishing to identify leading monitoring indicators to track
the impact of macroeconomic shocks and to design policies
that protect vulnerable groups. |
| format |
Publications & Research :: Brief |
| author |
Habib, Bilal Narayan, Ambar Olivieri, Sergio Sanchez, Carolina |
| author_facet |
Habib, Bilal Narayan, Ambar Olivieri, Sergio Sanchez, Carolina |
| author_sort |
Habib, Bilal |
| title |
The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries |
| title_short |
The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries |
| title_full |
The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries |
| title_fullStr |
The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries |
| title_full_unstemmed |
The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries |
| title_sort |
impact of the financial crisis on poverty and income distribution : insights from simulations in selected countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2010/03/12030853/impact-financial-crisis-poverty-income-distribution-insights-simulations-selected-countries http://hdl.handle.net/10986/10206 |
| _version_ |
1764412241954734080 |