Publication:
The Poverty and Distributional Impact of Macroeconomic Shocks and Policies : A Review of Modeling Approaches

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dc.contributor.authorEssama-Nssah, B.
dc.date.accessioned2012-06-20T22:32:10Z
dc.date.available2012-06-20T22:32:10Z
dc.date.issued2005-08
dc.description.abstractThe importance of distributional issues in policymaking creates a need for empirical tools to assess the social impact of economic shocks and policies. This paper reviews some of the modeling approaches that are currently in use at the World Bank and other international financial institutions. The specification of these models is dictated by the issues at stake, the knowledge about the nature of the process involved, and the availability and reliability of relevant data. Furthermore, shocks and policies have macroeconomic, structural, and distributional implications. This creates interdependence between such policy issues. Finally, the distributional impact of shocks and policies hinges on the heterogeneity of socioeconomic agents with respect to endowments and behavior. In the end, each modeling approach should be judged on how well it handles the interdependence between policy issues and the heterogeneity of the stakeholders, given other constraints.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/08/6213800/poverty-distributional-impact-macroeconomic-shocks-policies-review-modeling-approaches
dc.identifier.doi10.1596/1813-9450-3682
dc.identifier.urihttps://hdl.handle.net/10986/8614
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3682
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGGREGATE GROWTH
dc.subjectAGGREGATE LEVEL
dc.subjectAGGREGATE OUTPUT
dc.subjectAGRICULTURAL TRADE
dc.subjectAGRICULTURE
dc.subjectALTERNATIVE GROWTH PATHS
dc.subjectANNUAL GROWTH
dc.subjectASSESSING POVERTY
dc.subjectBASE YEAR
dc.subjectBENCHMARK
dc.subjectCAPITAL FLOWS
dc.subjectCONSUMER PRICE INDEXES
dc.subjectCONSUMERS
dc.subjectCONSUMPTION DISTRIBUTION
dc.subjectCPI
dc.subjectCURRENCY UNITS
dc.subjectDATA AVAILABILITY
dc.subjectDATA SET
dc.subjectDATA SETS
dc.subjectDEMAND CURVES
dc.subjectDEMAND FUNCTIONS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectDISPOSABLE INCOME
dc.subjectDISTRIBUTIONAL ANALYSIS
dc.subjectDISTRIBUTIONAL DATA
dc.subjectDISTRIBUTIONAL IMPACT
dc.subjectDISTRIBUTIONAL IMPLICATIONS
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTCOMES
dc.subjectECONOMIC SHOCKS
dc.subjectECONOMIC STAGNATION
dc.subjectECONOMIC WELFARE
dc.subjectELASTICITIES
dc.subjectEMPLOYMENT
dc.subjectEMPLOYMENT STATUS
dc.subjectENDOGENOUS VARIABLES
dc.subjectEQUILIBRIUM
dc.subjectEXCHANGE RATE
dc.subjectEXOGENOUS VARIABLES
dc.subjectFACTOR PRICES
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL SECTOR
dc.subjectFIXED PRICES
dc.subjectGDP
dc.subjectGDP DEFLATOR
dc.subjectGENERAL EQUILIBRIUM ANALYSIS
dc.subjectGENERAL EQUILIBRIUM MODEL
dc.subjectGINI COEFFICIENT
dc.subjectGINI INDEX
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH COMPONENT
dc.subjectGROWTH MODELS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHEADCOUNT POVERTY
dc.subjectHOUSEHOLD BEHAVIOR
dc.subjectHOUSEHOLD CHARACTERISTICS
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectHOUSEHOLD HEAD
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD LEVEL
dc.subjectHOUSEHOLD SIZE
dc.subjectHOUSEHOLD SURVEY
dc.subjectHOUSEHOLD WELFARE
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GENERATION
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVEL
dc.subjectINCOME LEVELS
dc.subjectINCOME SOURCES
dc.subjectINEQUALITY COMPONENT
dc.subjectINEQUALITY CONSTANT
dc.subjectINEQUALITY MEASURES
dc.subjectINTERMEDIATE GOODS
dc.subjectLABOR MARKET
dc.subjectLAND OWNERSHIP
dc.subjectLIQUIDITY
dc.subjectLIVING STANDARDS
dc.subjectLOCAL CURRENCY
dc.subjectLORENZ CURVE
dc.subjectMACROECONOMIC ANALYSIS
dc.subjectMACROECONOMIC FRAMEWORK
dc.subjectMACROECONOMIC MODELS
dc.subjectMACROECONOMIC SHOCKS
dc.subjectMARGINAL UTILITY
dc.subjectMEAN CONSUMPTION
dc.subjectMEAN INCOME
dc.subjectMEAN INCOMES
dc.subjectMEAN LOG DEVIATION
dc.subjectMINIMUM WAGE
dc.subjectMONETARY POLICY
dc.subjectMONEY SUPPLY
dc.subjectNATIONAL ACCOUNTS
dc.subjectNATIONAL AVERAGE
dc.subjectNATIONAL LEVEL
dc.subjectNATIONAL POVERTY
dc.subjectOBSERVED INCREASE
dc.subjectOIL
dc.subjectOPEN ECONOMIES
dc.subjectOPTIMIZATION
dc.subjectOPTIMIZING BEHAVIOR
dc.subjectOUTPUT GROWTH
dc.subjectPER CAPITA CONSUMPTION
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY ANALYSIS
dc.subjectPOLICY CHOICES
dc.subjectPOLICY IMPACT
dc.subjectPOLICY INSTRUMENTS
dc.subjectPOLICY ISSUES
dc.subjectPOLICY MAKING
dc.subjectPOLICY OPTIONS
dc.subjectPOLICY REFORM
dc.subjectPOLICY REFORMS
dc.subjectPOLICY RESEARCH
dc.subjectPOLICY RESPONSE
dc.subjectPOLITICAL FACTORS
dc.subjectPOPULATION GROWTH
dc.subjectPOPULATION GROWTH RATES
dc.subjectPOPULATION SHARE
dc.subjectPOVERTY ANALYSIS
dc.subjectPOVERTY ASSESSMENT
dc.subjectPOVERTY CHANGES
dc.subjectPOVERTY COMPARISONS
dc.subjectPOVERTY DYNAMICS
dc.subjectPOVERTY GAP
dc.subjectPOVERTY HEADCOUNT
dc.subjectPOVERTY INCIDENCE
dc.subjectPOVERTY INDEXES
dc.subjectPOVERTY INDICATOR
dc.subjectPOVERTY ISSUES
dc.subjectPOVERTY LINE
dc.subjectPOVERTY LINES
dc.subjectPOVERTY MEASURES
dc.subjectPOVERTY OUTCOMES
dc.subjectPOVERTY RATE
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPRICE CHANGES
dc.subjectPRODUCERS
dc.subjectPROFIT FUNCTIONS
dc.subjectPROPORTIONATE CHANGES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC POLICY
dc.subjectPURCHASING POWER
dc.subjectPURCHASING POWER PARITY
dc.subjectRAPID GROWTH
dc.subjectREAL GROWTH
dc.subjectREDUCED POVERTY
dc.subjectREGIONAL DISPARITIES
dc.subjectREGRESSION ANALYSIS
dc.subjectREPRESENTATIVE SAMPLE
dc.subjectRESOURCE ALLOCATION
dc.subjectRESOURCE ENDOWMENTS
dc.subjectRURAL AREAS
dc.subjectRURAL POVERTY
dc.subjectSAVINGS
dc.subjectSENSITIVITY ANALYSIS
dc.subjectSIGNIFICANT REDUCTION
dc.subjectSOCIAL INDICATORS
dc.subjectSOCIAL POLICIES
dc.subjectSQUARED POVERTY GAP
dc.subjectTRADE BARRIERS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE REFORMS
dc.subjectTRADE SHOCKS
dc.subjectURBAN AREAS
dc.subjectURBAN HOUSEHOLDS
dc.subjectUTILITY FUNCTION
dc.subjectWAGE INCOME
dc.subjectWAGE RATES
dc.subjectWAGES
dc.subjectWORLD TRADE ORGANIZATION
dc.titleThe Poverty and Distributional Impact of Macroeconomic Shocks and Policies : A Review of Modeling Approachesen
dspace.entity.typePublication
okr.crossref.titleThe Poverty And Distributional Impact Of Macroeconomic Shocks And Policies : A Review Of Modeling Approaches
okr.date.doiregistration2025-04-10T10:05:13.546199Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2005/08/6213800/poverty-distributional-impact-macroeconomic-shocks-policies-review-modeling-approaches
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.globalpracticeEnvironment and Natural Resources
okr.guid738471468329430154
okr.identifier.doi10.1596/1813-9450-3682
okr.identifier.externaldocumentum000016406_20050810132422
okr.identifier.internaldocumentum6213800
okr.identifier.reportWPS3682
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/08/10/000016406_20050810132422/Rendered/PDF/wps3682.pdfen
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicEconomic Theory and Research
okr.topicEnvironmental Economics and Policies
okr.topicPoverty Reduction::Poverty Assessment
okr.topicPoverty Reduction::Inequality
okr.topicEnvironment
okr.topicMacroeconomics and Economic Growth
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublication1a351482-543d-53c1-9937-6b1df30573b3
relation.isAuthorOfPublication.latestForDiscovery1a351482-543d-53c1-9937-6b1df30573b3
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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