The Integrated Macroeconomic Model for Poverty Analysis : A Quantitative Macroeconomic Framework for the Analysis of Poverty Reduction Strategies

The authors present a dynamic, quantitative macroeconomic framework designed for analyzing the impact of adjustment policies and exogenous shocks on poverty and income distribution. They emphasize the role of labor market segmentation, urban inform...

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Bibliographic Details
Main Authors:	Agenor, Pierre-Richard, Izquierdo, Alejandro, Fofack, Hippolyte
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTING ADJUSTMENT POLICIES AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR AGRICULTURE BALANCE OF PAYMENTS BALANCE SHEET BANK DEPOSITS BANK LENDING BASKET OF GOODS CAPACITY BUILDING CAPITAL FLIGHT CAPITAL FLOWS CAPITAL FORMATION CAPITAL REQUIREMENTS CD CENTRAL BANK COMMERCIAL BANKS CONCESSIONAL LENDING CONSUMER PRICE INDEX CONSUMERS CONSUMPTION PATTERNS DEBT DEBT RELIEF DEMAND CURVE DEVELOPING COUNTRIES DEVELOPMENT POLICY DEVELOPMENT STRATEGIES DIRECT IMPACT DONOR AGENCIES ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC MANAGEMENT ECONOMIC PERFORMANCE ECONOMISTS ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EMPLOYMENT ENDOGENOUS VARIABLES EQUILIBRIUM EXCESS SUPPLY EXOGENOUS VARIABLES EXPECTED UTILITY EXPORTS EXTERNAL DEBT FINANCIAL INSTITUTIONS FINANCIAL SECTOR FUNCTIONAL FORMS GDP GROWTH RATE IMPERFECT INFORMATION INCOME INCOME COUNTRIES INCOME DISTRIBUTION INCOME INEQUALITY INDEBTED COUNTRIES INDEXATION INFORMAL ACTIVITIES INFORMAL ECONOMY INFORMAL EMPLOYMENT INFORMAL LABOR FORCE INFORMAL SECTOR INTEREST RATE INTEREST RATES LABOR FORCE LABOR MARKET LABOR MARKETS LABOR SUPPLY LEGISLATION LENDING RATES LOW- INCOME COUNTRIES LOW-INCOME COUNTRIES MACROECONOMIC FRAMEWORK MACROECONOMIC MODELS MACROECONOMIC SHOCKS MARGINAL PRODUCTIVITY MIGRATION MINIMUM WAGE NET WORTH POLICY ANALYSIS POLICY ANALYSTS POLICY RESEARCH POLITICAL FACTORS POOR COUNTRIES POVERTY ALLEVIATION POVERTY ANALYSIS POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY POWER PLANTS PRIVATE GOODS PRIVATE SECTOR PRODUCTION FUNCTIONS PRODUCTION TECHNOLOGY PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC GOOD PUBLIC GOODS PUBLIC SECTOR PUBLIC TRANSPORTATION PURCHASING POWER REAL TERMS RETURNS TO SCALE RISK AVERSION RURAL AREAS RURAL ECONOMY RURAL HOUSEHOLDS SAVINGS SECTOR EMPLOYMENT STRUCTURAL ADJUSTMENT STRUCTURAL REFORMS TAXATION TIME FRAME UNEMPLOYMENT URBAN AREAS URBAN ECONOMY URBAN HOUSEHOLDS URBAN POOR VALUE ADDED WAGE DIFFERENTIALS WAGES WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2003/07/2472104/integrated-macroeconomic-model-poverty-analysis-quantitative-macroeconomic-framework-analysis-poverty-reduction-strategies http://hdl.handle.net/10986/18155

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Summary:	The authors present a dynamic, quantitative macroeconomic framework designed for analyzing the impact of adjustment policies and exogenous shocks on poverty and income distribution. They emphasize the role of labor market segmentation, urban informal activities, the impact of the composition of public expenditure on supply and demand, and credit market imperfections. Numerical simulations for a prototype low-income country highlight the importance of accounting for the various channels through which poverty alleviation programs and debt relief may ultimately affect the poor.

The Integrated Macroeconomic Model for Poverty Analysis : A Quantitative Macroeconomic Framework for the Analysis of Poverty Reduction Strategies

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