Retooling Poverty Targeting Using Out-of-Sample Validation and Machine Learning

Proxy means test (PMT) poverty targeting tools have become common tools for beneficiary targeting and poverty assessment where full means tests are costly. Currently popular estimation procedures for generating these tools prioritize minimization of in-sample prediction errors; however, the objectiv...

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Bibliographic Details
Main Authors: McBride, Linden, Nichols, Austin
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2020
Subjects:
Online Access:http://hdl.handle.net/10986/33525