Publication:
Simulating the Poverty Impact of Macroeconomic Shocks and Policies

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dc.contributor.authorEssama-Nssah, B.
dc.date.accessioned2012-06-20T18:13:38Z
dc.date.available2012-06-20T18:13:38Z
dc.date.issued2005-12
dc.description.abstractDeveloping countries face a host of macroeconomic challenges in the design and implementation of development strategies and policies. The importance of the underlying poverty and distributional issues creates a need for relevant and reliable ways of tracking the social impact of shocks and policies. This paper describes and demonstrates the use of a stylized framework for simulating the poverty implications of the Dutch disease, a change in the terms of trade and budgetary policy. The basic approach is to embed a Lorenz model of the size distribution of economic welfare in a general equilibrium model of an open economy. It is observed that, while aggregate welfare and poverty effects may be negligible, the structural and distributional impacts tend to be significant. The latter drive the political economy of policymaking and point to the need for an analytical framework that accounts for both the structural richness of the economy and the heterogeneity of the stakeholdersen
dc.identifierhttp://documents.worldbank.org/curated/en/2005/12/6460238/simulating-poverty-impact-macroeconomic-shocks-policies
dc.identifier.doi10.1596/1813-9450-3788
dc.identifier.urihttps://hdl.handle.net/10986/8543
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3788
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADVERSE EFFECT
dc.subjectADVERSE IMPACT
dc.subjectAGGREGATE DEMAND
dc.subjectAGGREGATE INCOME
dc.subjectBASE YEAR
dc.subjectBENCHMARK
dc.subjectBETWEEN-GROUP INEQUALITY
dc.subjectCASH CROPS
dc.subjectCHANGES IN POVERTY
dc.subjectCIRCULAR FLOW
dc.subjectCOMPETITIVENESS
dc.subjectCONSTANT ELASTICITY
dc.subjectCONSTANT RETURNS
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCONSUMER
dc.subjectCONSUMPTION INCREASES
dc.subjectCUMULATIVE DISTRIBUTION
dc.subjectCUMULATIVE DISTRIBUTION FUNCTION
dc.subjectDATA AVAILABILITY
dc.subjectDATA SET
dc.subjectDEBT
dc.subjectDECOMPOSABLE POVERTY
dc.subjectDECOMPOSABLE POVERTY MEASURES
dc.subjectDEMAND FUNCTIONS
dc.subjectDENSITY FUNCTION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectDISTRIBUTIONAL IMPACT
dc.subjectDISTRIBUTIONAL IMPLICATIONS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC SURVEYS
dc.subjectECONOMIC SYSTEMS
dc.subjectECONOMICS
dc.subjectELASTICITY
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectEMPIRICAL MODEL
dc.subjectENDOGENOUS VARIABLES
dc.subjectEQUILIBRIUM
dc.subjectEQUILIBRIUM PRICES
dc.subjectEQUILIBRIUM VALUES
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXOGENOUS SHOCKS
dc.subjectEXOGENOUS VARIABLES
dc.subjectEXPORTS
dc.subjectFACTOR DEMAND
dc.subjectFISCAL POLICY
dc.subjectFOOD CONSUMPTION
dc.subjectFOOD POLICY
dc.subjectFOREIGN EXCHANGE
dc.subjectFUNCTIONAL DISTRIBUTION
dc.subjectFUNCTIONAL FORM
dc.subjectGDP
dc.subjectGENERAL EQUILIBRIUM ANALYSIS
dc.subjectGENERAL EQUILIBRIUM MODEL
dc.subjectGINI COEFFICIENT
dc.subjectHOUSEHOLD DATA
dc.subjectHOUSEHOLD EXPENDITURES
dc.subjectIMPACT OF SHOCKS
dc.subjectIMPERFECT COMPETITION
dc.subjectIMPORT
dc.subjectIMPORTS
dc.subjectINCENTIVE EFFECTS
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME EFFECT
dc.subjectINEQUALITY MEASURES
dc.subjectINTERNATIONAL TRADE
dc.subjectLORENZ CURVE
dc.subjectMACROECONOMIC ADJUSTMENT
dc.subjectMACROECONOMIC EFFECTS
dc.subjectMACROECONOMIC SHOCKS
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMICS
dc.subjectMEASURING POVERTY
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectNUTRITION
dc.subjectOPEN ECONOMY
dc.subjectOPTIMIZING BEHAVIOR
dc.subjectPOLICY ANALYSIS
dc.subjectPOLICY ISSUES
dc.subjectPOLICY RESEARCH
dc.subjectPOLICY REVIEW
dc.subjectPOLITICAL ECONOMY
dc.subjectPOVERTY ANALYSIS
dc.subjectPOVERTY DECLINES
dc.subjectPOVERTY GAP
dc.subjectPOVERTY IMPACT
dc.subjectPOVERTY INCIDENCE
dc.subjectPOVERTY INCREASES
dc.subjectPOVERTY LINE
dc.subjectPOVERTY MEASUREMENT
dc.subjectPOVERTY REDUCTION
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPROFIT MAXIMIZATION
dc.subjectPUBLIC EXPENDITURE
dc.subjectREAL INCOME
dc.subjectREGRESSION ANALYSIS
dc.subjectRELATIVE INEQUALITY
dc.subjectRESEARCH
dc.subjectRURAL AREA
dc.subjectRURAL HOUSEHOLD
dc.subjectRURAL HOUSEHOLDS
dc.subjectRURAL POPULATION
dc.subjectRURAL POVERTY
dc.subjectRURAL POVERTY INCIDENCE
dc.subjectRURAL POVERTY REDUCTION
dc.subjectSALES
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectSUBSTITUTION EFFECT
dc.subjectTAXATION
dc.subjectTOTAL POVERTY
dc.subjectTRADABLE SECTORS
dc.subjectTRADE BALANCE
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE POLICIES
dc.subjectURBAN AREAS
dc.subjectURBAN POVERTY
dc.subjectUSER
dc.subjectWELFARE INDICATOR
dc.titleSimulating the Poverty Impact of Macroeconomic Shocks and Policiesen
dspace.entity.typePublication
okr.crossref.titleSimulating The Poverty Impact Of Macroeconomic Shocks And Policies
okr.date.doiregistration2025-04-10T10:05:17.023259Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2005/12/6460238/simulating-poverty-impact-macroeconomic-shocks-policies
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.guid151571468330288140
okr.identifier.doi10.1596/1813-9450-3788
okr.identifier.externaldocumentum000016406_20051207104706
okr.identifier.internaldocumentum6460238
okr.identifier.reportWPS3788
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/12/07/000016406_20051207104706/Rendered/PDF/wps3788.pdfen
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Consumption
okr.topicPoverty Reduction::Rural Poverty Reduction
okr.topicPoverty Reduction::Inequality
okr.topicRural Development
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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