Macroeconomic crises and poverty monitoring: a case study for India

Assessment of the welfare impacts of low-frequency events, such as macroeconomic crises and stabilizations, are often confounded by sampling and nonsampling errors that generate fluctuations in household survey-based welfare indicators; they are also limited by our ability to explain fluctuations in...

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Autores principales: Datt, Gaurav, Ravallion, Martin
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1996
Materias:
Acceso en línea:https://hdl.handle.net/10568/157101
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author Datt, Gaurav
Ravallion, Martin
author_browse Datt, Gaurav
Ravallion, Martin
author_facet Datt, Gaurav
Ravallion, Martin
author_sort Datt, Gaurav
collection Repository of Agricultural Research Outputs (CGSpace)
description Assessment of the welfare impacts of low-frequency events, such as macroeconomic crises and stabilizations, are often confounded by sampling and nonsampling errors that generate fluctuations in household survey-based welfare indicators; they are also limited by our ability to explain fluctuations in terms of other available data. Basing policy on short-term movements in welfare indicators can thus be hazardous. There was a sharp increase in India's poverty measures in the aftermath of the mid-1991 crisis and the ensuing stabilization reforms. However, only one-tenth of the increase in measured poverty is explicable in terms of the variables one would expect to transmit the shock. Poverty measures soon returned to their pre-reform levels, belying the notion of a reforms-induced structural break.
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spelling CGSpace1571012025-11-06T07:04:36Z Macroeconomic crises and poverty monitoring: a case study for India Datt, Gaurav Ravallion, Martin poverty welfare economics macroeconomics assessment Assessment of the welfare impacts of low-frequency events, such as macroeconomic crises and stabilizations, are often confounded by sampling and nonsampling errors that generate fluctuations in household survey-based welfare indicators; they are also limited by our ability to explain fluctuations in terms of other available data. Basing policy on short-term movements in welfare indicators can thus be hazardous. There was a sharp increase in India's poverty measures in the aftermath of the mid-1991 crisis and the ensuing stabilization reforms. However, only one-tenth of the increase in measured poverty is explicable in terms of the variables one would expect to transmit the shock. Poverty measures soon returned to their pre-reform levels, belying the notion of a reforms-induced structural break. 1996 2024-10-24T12:47:20Z 2024-10-24T12:47:20Z Working Paper https://hdl.handle.net/10568/157101 en Open Access application/pdf International Food Policy Research Institute Datt, Gaurav; Ravallion, Martin. 1996. Macroeconomic crises and poverty monitoring: a case study for India. FCND Discussion Paper 20. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/157101
spellingShingle poverty
welfare economics
macroeconomics
assessment
Datt, Gaurav
Ravallion, Martin
Macroeconomic crises and poverty monitoring: a case study for India
title Macroeconomic crises and poverty monitoring: a case study for India
title_full Macroeconomic crises and poverty monitoring: a case study for India
title_fullStr Macroeconomic crises and poverty monitoring: a case study for India
title_full_unstemmed Macroeconomic crises and poverty monitoring: a case study for India
title_short Macroeconomic crises and poverty monitoring: a case study for India
title_sort macroeconomic crises and poverty monitoring a case study for india
topic poverty
welfare economics
macroeconomics
assessment
url https://hdl.handle.net/10568/157101
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