Assessing poverty and distributional impacts of the global crisis in the Philippines: a microsimulation approach

Bilal Habib, Ambar Narayan, Sergio Olivieri and Carolina Sanchez-Paramo

No 5286, Policy Research Working Paper Series from The World Bank

Abstract: 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. This paper uses a micro-simulation approach to assess the poverty and distributional effects of the crisis in the Philippines. The authors find increases in both the level and the depth of aggregate poverty. Income shocks are relatively large in the middle part of the income distribution. They 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. The findings can 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.

Keywords: Rural Poverty Reduction; Regional Economic Development; Labor Policies; Achieving Shared Growth; Economic Theory&Research (search for similar items in EconPapers)
Date: 2010-04-01
New Economics Papers: this item is included in nep-cmp and nep-dev
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:5286

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