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Book Estimating Individual Vulnerability to Poverty with Pseudo Panel Data

Download or read book Estimating Individual Vulnerability to Poverty with Pseudo Panel Data written by Francois Bourguignon and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an original method to study individual earning dynamics using repeated cross-sectional data. Because panel data of individuals are seldom available in developing countries, it is difficult to study individual earning dynamics and related issues such as the propensity of earners to fall into poverty or vulnerability to poverty because of changes in earning. This paper shows that under the assumption that individual earning dynamics obey some basic properties and follow a simple stochastic process, the main parameters of this process can be recovered from repeated cross sectional data. The knowledge of these parameters then permits simulation of the earning dynamics of an individual, and estimate other measures of interest, such as an individual's vulnerability to poverty. The results show that model parameters recovered from pseudo-panels approximate reasonably well those estimated directly from a true panel. Moreover, implications of the model, in this case pseudo-panel measures of vulnerability to poverty, reflect closely those based on actual panel data.

Book Estimating Individual Vulnerability to Poverty with Pseudo Panel Data

Download or read book Estimating Individual Vulnerability to Poverty with Pseudo Panel Data written by Francois Bourguignon and published by . This book was released on 2016 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bourguignon, Goh, and Kim present an original method to study individual earning dynamics using repeated cross-sectional data. Because panel data of individuals are seldom available in developing countries, it is difficult to study individual earning dynamics and related issues such as the propensity of earners to fall into poverty or vulnerability to poverty because of changes in earnings. The authors show that under the assumption that individual earning dynamics obey some basic properties and follow a simple stochastic process, the main parameters of this process can be recovered from repeated cross-sectional data. The knowledge of these parameters then permits simulation of the earning dynamics of an individual, and estimate other measures of interest, such as an individual's vulnerability to poverty. The results show that model parameters recovered from pseudo panels approximate reasonably well those estimated directly from a true panel. Moreover, implications of the model, in this case pseudo-panel measures of vulnerability to poverty, reflect closely those based on actual panel data.This paper - a product of the Office of the Vice President and Chief Economist, Development Economics - is part of a larger effort in the vice presidency to improve measurement of vulnerability to poverty.

Book Estimating Individual Vulnerability to Poverty with Pseudo panel Data

Download or read book Estimating Individual Vulnerability to Poverty with Pseudo panel Data written by François Bourguignon and published by . This book was released on 2004 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Bourguignon, Goh, and Kim present an original method to study individual earning dynamics using repeated cross-sectional data. Because panel data of individuals are seldom available in developing countries, it is difficult to study individual earning dynamics and related issues such as the propensity of earners to fall into poverty or vulnerability to poverty because of changes in earnings. The authors show that under the assumption that individual earning dynamics obey some basic properties and follow a simple stochastic process, the main parameters of this process can be recovered from repeated cross-sectional data. The knowledge of these parameters then permits simulation of the earning dynamics of an individual, and estimate other measures of interest, such as an individual's vulnerability to poverty. The results show that model parameters recovered from pseudo panels approximate reasonably well those estimated directly from a true panel. Moreover, implications of the model, in this case pseudo-panel measures of vulnerability to poverty, reflect closely those based on actual panel data. This paper-- a product of the Office of the Vice President and Chief Economist, Development Economics-- is part of a larger effort in the vice presidency to improve measurement of vulnerability to poverty"-- World Bank web site.

Book Estimating Vulnerability to Poverty Using Panel Data

Download or read book Estimating Vulnerability to Poverty Using Panel Data written by Adama Bah and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional poverty measures fail to indicate the degree of risk of becoming or remaining poor that households are confronted to. They can therefore be misleading in the context of implementing poverty reduction policies. In this paper I propose a method to estimate an index of ex ante vulnerability to poverty, defined as the probability of being poor in the (near) future given current observable characteristics, using panel data. This method relies on the estimation of the expected mean and variance of future consumption conditional on current consumption and observable characteristics. It generates a vulnerability index, or predicted probability of future poverty, which performs well in predicting future poverty, including out of sample. About 80% of households with a 2000 vulnerability index of 100% are actually poor in 2007. This approach provides information on the population groups that have a high probability of becoming or remaining poor in the future, whether currently poor or not. It is therefore useful to complement traditional poverty measures such as the poverty headcount, in particular for the design and planning of poverty reduction policies.

Book Mobility and Inequality

    Book Details:
  • Author : Stephen L. Morgan
  • Publisher : Stanford University Press
  • Release : 2006
  • ISBN : 9780804752497
  • Pages : 498 pages

Download or read book Mobility and Inequality written by Stephen L. Morgan and published by Stanford University Press. This book was released on 2006 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of original research from the leading scholars in sociology and economics studying mobility and inequality. The volume brings together the state-of-the-art in the field and sets the agenda for future research.

Book The World Bank Research Program 2004

Download or read book The World Bank Research Program 2004 written by World Bank and published by World Bank Publications. This book was released on 2005 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Bank's research is intended to address critical issues and problems facing member governments in developing and transition economies. How can the governments of the poorest countries generate enough revenue to provide the education and health services essential to reducing poverty and promoting growth and development? How can poor countries attract investors to build the infrastructure their economies need? How can they develop systems to bring clean water to the 2 billion people without it today? How can they train teachers and bring to class the 115 million children who have not yet received any education? And how can rich countries be persuaded to lower market barriers, helping to reverse the decline in export prices for poor countries that has left them earning less from trade today than in the 1970s? These are the types of questions that are addressed in this edition of 'The World Bank Research Program: Abstracts from Current Studies'. This volume reports on research projects initiated, under way, or completed from July 2003 through June 2004. It covers 151 research projects on several broad development related issues, including agriculture, health, education, environment, infrastructure, investment climate, and more. The abstract for each project describes the questions addressed, the analytic methods used, the findings to date, and policy implications.

Book Measuring Wellbeing

Download or read book Measuring Wellbeing written by Giovanni Vecchi and published by Oxford University Press. This book was released on 2017 with total page 673 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nutrition -- Height -- Health -- Child labour -- Education -- Migration -- Income -- Inequality -- Poverty -- Wealth -- Vulnerability -- Human development -- Household budgets -- Cost of living

Book Extreme Poverty  Vulnerability and Coping Strategies Among Indigenous People in Rural Areas of Bolivia

Download or read book Extreme Poverty Vulnerability and Coping Strategies Among Indigenous People in Rural Areas of Bolivia written by Ivan Omar Velasquez Castellanos and published by Cuvillier Verlag. This book was released on 2007 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Many Dimensions of Poverty

Download or read book Many Dimensions of Poverty written by N. Kakwani and published by Springer. This book was released on 2008-01-17 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: With representatives from different disciplines stressing the central importance of freedom in analyzing poverty and emphasizing some important policy issues, this book offers a view of poverty that will orient research in directions previously neglected, and help those in charge of implementing poverty reduction policies.

Book The Asian    Poverty Miracle

Download or read book The Asian Poverty Miracle written by Jacques Silber and published by Edward Elgar Publishing. This book was released on 2016-09-30 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following rapid economic growth in recent decades, Asia and the Pacific experienced an impressive reduction in extreme poverty, but this drop was not uniform and achievements are still incomplete. Vulnerability to natural disasters, the increasing impact of climate change and economic crises should all be taken into account. There is also a need to consider the multidimensional nature of poverty and the non-uniformity of the decrease across different ethnic groups. This book explores the Asian ‘poverty miracle’ and argues for the development and use of an Asia-specific poverty line.

Book Poverty Traps and Nonlinear Income Dynamics with Measurement Error and Individual Heterogeneity

Download or read book Poverty Traps and Nonlinear Income Dynamics with Measurement Error and Individual Heterogeneity written by Francisca Antman and published by . This book was released on 2005 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Theories of poverty traps stand in sharp contrast to the view that anybody can make it through hard work and thrift. However, empirical detection of poverty traps is complicated by the lack of long panels, measurement error, and attrition. This paper shows how dynamic pseudo-panel methods can overcome these difficulties, allowing estimation of non-linear income dynamics and testing for the presence of poverty traps. The paper explicitly allows for individual heterogeneity in income dynamics to account for the possibility that particular groups of individuals may face traps, even if the average individual does not. These methods are used to examine the evidence for a poverty trap in labor earnings, income, and expenditure in Mexico and are compared to panel data estimates from a short rotating panel. The results do find evidence of nonlinearities in household income dynamics and demonstrate large bias in the panel data estimates. Nevertheless, even after allowing for heterogeneity and accounting for measurement error, the paper finds no evidence of the existence of a poverty trap for any group in the sample. "--World Bank web site.

Book Income Mobility and Welfare

Download or read book Income Mobility and Welfare written by Mr.Tom Krebs and published by International Monetary Fund. This book was released on 2013-01-28 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an AR(1) component representing persistent changes in income. We use a tractable consumption-saving model with labor income risk and incomplete markets to relate income dynamics to consumption and welfare, and derive analytical expressions for income mobility and welfare as a function of the various parameters of the underlying income process. The empirical application of our framework using data on individual incomes from Mexico provides striking results. Much of measured income mobility is driven by measurement error or transitory income shocks and therefore (almost) welfare-neutral. A smaller part of measured income mobility is due to either welfare-reducing income risk or welfare-enhancing catching-up of low-income individuals with high-income individuals, both of which have economically significant effects on social welfare. Decomposing mobility into its fundamental components is thus seen to be crucial from the standpoint of welfare evaluation.

Book Handbook of Research on Economic and Social Well Being

Download or read book Handbook of Research on Economic and Social Well Being written by Conchita D’Ambrosio and published by Edward Elgar Publishing. This book was released on 2018-03-30 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past decade has been characterized by a burgeoning interest in new concepts of individual and social well-being. The impetus for this new research has stemmed from increased demand from policy makers and civil society for measures of progress that go beyond the traditional measures of GDP, as well as improved datasets allowing individuals and households to be tracked over their life course. The aim of this Handbook is to chart these developments and provide extensive surveys of many of the recent themes that have emerged in the research literature. Some of the topics addressed include poverty. relative deprivation and satisfaction, economic insecurity, social exclusion and inequality, income and social polarization, and social fractionalization and diversity. Each topic is first analyzed from a theoretical perspective, followed by detailed empirical discussion.

Book Moving Out of Poverty

Download or read book Moving Out of Poverty written by Deepa Narayan and published by World Bank Publications. This book was released on 2007-07-30 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the latest thinking about poverty dynamics from diverse analytic traditions. While covering a vast body of conceptual and empirical knowledge about economic and social mobility, it takes the reader on compelling journeys of multigenerational accounts of three villages in Kanartaka, India, twelve years in the life of a street child in Burkina Faso, and much more. Leading development practitioners and scholars from the fields of anthropology, economics, political science, and sociology critically examine the literature from their disciplines and contribute new frameworks and evidence from their own works. The 'Moving Out of Poverty' series launched in 2007 is under the editorial direction of Deepa Narayan, Senior Advisor of the World Bank and former director of the pathbreaking 'Voices of the Poor' series. It features the results of new comparative research across more than 500 communities in 15 countries to understand how and why people move out of poverty, and presents other work which builds on interdisciplinary and contextually grounded understandings of growth and poverty reduction.

Book Social Mobility in Developing Countries

Download or read book Social Mobility in Developing Countries written by Vegard Iversen and published by Oxford University Press. This book was released on 2022-01-06 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social mobility is the hope of economic development and the mantra of a good society. There are disagreements about what constitutes social mobility, but there is broad agreement that people should have roughly equal chances of success regardless of their economic status at birth. Concerns about rising inequality have engendered a renewed interest in social mobility--especially in the developing world. However, efforts to construct the databases and meet the standards required for conventional analyses of social mobility are at a preliminary stage and need to be complemented by innovative, conceptual, and methodological advances. If forms of mobility have slowed in the West, then we might be entering an age of rigid stratification with defined boundaries between the always-haves and the never-haves-which does not augur well for social stability. Social mobility research is ongoing, with substantive findings in different disciplines--typically with researchers in isolation from each other. A key contribution of this book is the pulling together of the emerging streams of knowledge. Generating policy-relevant knowledge is a principal concern. Three basic questions frame the study of diverse aspects of social mobility in the book. How to assess the extent of social mobility in a given development context when the datasets by conventional measurement techniques are unavailable? How to identify drivers and inhibitors of social mobility in particular developing country contexts? How to acquire the knowledge required to design interventions to raise social mobility, either by increasing upward mobility or by lowering downward mobility?

Book Chronic Poverty

Download or read book Chronic Poverty written by A. Shepherd and published by Springer. This book was released on 2013-05-30 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a decade of research by the Chronic Poverty Research Centre, this volume includes material on inter-generational transmission, the importance of assets and vulnerability, and conflict, and new thinking about the close relationship between social exclusion and adverse incorporation.