Assessing Poverty and Distributional Impacts of the Global Crisis in the Philippines : A Microsimulation Approach

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...

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Main Authors: Habib, Bilal, Narayan, Ambar, Olivieri, Sergio, Sanchez-Paramo, Carolina
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
GDP
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100428154159
http://hdl.handle.net/10986/3773
id okr-10986-3773
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO ELECTRICITY
ADVERSE IMPACT
AGGREGATE POVERTY
AGRICULTURAL EMPLOYMENT
AGRICULTURAL OUTPUT
AGRICULTURAL SECTOR
AGRICULTURAL SECTORS
AGRICULTURAL WORKERS
AGRICULTURE
AVERAGE HOUSEHOLD INCOME
BASE YEAR
BASIC FOOD BASKET
BENCHMARK
BUSINESS CYCLE
CAPITAL REGION
CHANGES IN POVERTY
CHRONICALLY POOR
CONSUMER PRICE INDEX
CONSUMPTION DATA
COUNTERFACTUAL
CRISES
DECLINE IN POVERTY
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT RESEARCH
DISTRIBUTIONAL CHANGES
DISTRIBUTIONAL EFFECTS
DISTRIBUTIONAL IMPACT
DOMESTIC CREDIT
DRIVERS
ECONOMETRICS
ECONOMIC CONDITIONS
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC POLICIES
ECONOMIC POLICY
ECONOMIC SECTORS
ECONOMICS
ECONOMICS LETTERS
ELASTICITY
EMPLOYMENT GROWTH
EMPLOYMENT OPPORTUNITIES
EMPLOYMENT STATUS
ERROR TERMS
EXPORTS
FINANCIAL CRISIS
FISCAL POLICIES
FOOD BASKET
FOOD ITEMS
FOOD PRICE
FOOD PRICES
GDP
GINI COEFFICIENT
GROWTH IMPACT
GROWTH PROJECTIONS
GROWTH RATE
GROWTH RATES
HIGH GROWTH
HOUSEHOLD DATA
HOUSEHOLD HEAD
HOUSEHOLD HEAD AGE
HOUSEHOLD HEADS
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD SIZE
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HOUSEHOLD VULNERABILITY
HUMAN DEVELOPMENT
IMPACT ON POVERTY
INCIDENCE OF POVERTY
INCOME
INCOME DISTRIBUTION
INCOME DISTRIBUTIONS
INCOME GROUPS
INCOME INEQUALITY
INCOME LEVELS
INCOME POVERTY
INCOME SHOCKS
INEQUALITY
INEQUALITY FALLS
INFLATION RATE
INFORMAL EMPLOYMENT
LABOR DEMAND
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR MARKET
LABOR MARKETS
LABOR SUPPLY
LAND OWNERSHIP
MACROECONOMIC POLICIES
MACROECONOMIC SHOCKS
MICRO DATA
OPEN UNEMPLOYMENT
OUTPUT GROWTH
OUTPUTS
PER CAPITA INCOME
POLICY MAKERS
POLICY OPTIONS
POLICY PERSPECTIVE
POLICY REFORMS
POLICY RESEARCH
POLITICAL ECONOMY
POLITICAL ECONOMY IMPLICATIONS
POOR
POOR HOUSEHOLDS
POOR PEOPLE
POOR REGIONS
POORER GROUPS
POVERTY ASSESSMENT
POVERTY DATA
POVERTY GAP
POVERTY HEADCOUNT RATE
POVERTY HEADCOUNT RATES
POVERTY IMPACT
POVERTY LINE
POVERTY LINES
POVERTY MEASURES
POVERTY POVERTY
POVERTY RATES
POVERTY REDUCTION
PRIMARY EDUCATION
PUBLIC EMPLOYMENT
PUBLIC INVESTMENT
PUBLIC POLICIES
PUBLIC POLICY
PUBLIC PROGRAMS
PUBLIC SECTOR
REAL GDP
REAL WAGES
REASSIGNMENT
REDUCTION IN POVERTY
REGIONAL DISTRIBUTION
REGIONAL DUMMIES
REGIONAL GAPS
REGIONAL GROWTH
REGIONAL VARIATION
RELATIVE IMPORTANCE
RELATIVE INEQUALITY
RELATIVE PRICES
RURAL
RURAL AREAS
RURAL HOUSEHOLD
RURAL HOUSEHOLD INCOME
RURAL HOUSEHOLDS
RURAL POVERTY
RURAL POVERTY RATE
RURAL POVERTY RATES
SAFETY
SAFETY NET
SAFETY NET PROGRAMS
SECTORAL COMPOSITION
SIGNIFICANT FACTOR
SIGNIFICANT IMPACT
SOCIAL SECURITY
SPATIAL DIFFERENCES
UNEMPLOYED
UNEMPLOYMENT
URBAN AREAS
URBAN POOR
URBAN POVERTY
URBAN REGION
URBAN REGIONS
URBAN WORKERS
URBANIZED REGIONS
VULNERABLE GROUPS
VULNERABLE HOUSEHOLDS
WELFARE IMPACT
spellingShingle ACCESS TO ELECTRICITY
ADVERSE IMPACT
AGGREGATE POVERTY
AGRICULTURAL EMPLOYMENT
AGRICULTURAL OUTPUT
AGRICULTURAL SECTOR
AGRICULTURAL SECTORS
AGRICULTURAL WORKERS
AGRICULTURE
AVERAGE HOUSEHOLD INCOME
BASE YEAR
BASIC FOOD BASKET
BENCHMARK
BUSINESS CYCLE
CAPITAL REGION
CHANGES IN POVERTY
CHRONICALLY POOR
CONSUMER PRICE INDEX
CONSUMPTION DATA
COUNTERFACTUAL
CRISES
DECLINE IN POVERTY
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT RESEARCH
DISTRIBUTIONAL CHANGES
DISTRIBUTIONAL EFFECTS
DISTRIBUTIONAL IMPACT
DOMESTIC CREDIT
DRIVERS
ECONOMETRICS
ECONOMIC CONDITIONS
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC POLICIES
ECONOMIC POLICY
ECONOMIC SECTORS
ECONOMICS
ECONOMICS LETTERS
ELASTICITY
EMPLOYMENT GROWTH
EMPLOYMENT OPPORTUNITIES
EMPLOYMENT STATUS
ERROR TERMS
EXPORTS
FINANCIAL CRISIS
FISCAL POLICIES
FOOD BASKET
FOOD ITEMS
FOOD PRICE
FOOD PRICES
GDP
GINI COEFFICIENT
GROWTH IMPACT
GROWTH PROJECTIONS
GROWTH RATE
GROWTH RATES
HIGH GROWTH
HOUSEHOLD DATA
HOUSEHOLD HEAD
HOUSEHOLD HEAD AGE
HOUSEHOLD HEADS
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD SIZE
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HOUSEHOLD VULNERABILITY
HUMAN DEVELOPMENT
IMPACT ON POVERTY
INCIDENCE OF POVERTY
INCOME
INCOME DISTRIBUTION
INCOME DISTRIBUTIONS
INCOME GROUPS
INCOME INEQUALITY
INCOME LEVELS
INCOME POVERTY
INCOME SHOCKS
INEQUALITY
INEQUALITY FALLS
INFLATION RATE
INFORMAL EMPLOYMENT
LABOR DEMAND
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR MARKET
LABOR MARKETS
LABOR SUPPLY
LAND OWNERSHIP
MACROECONOMIC POLICIES
MACROECONOMIC SHOCKS
MICRO DATA
OPEN UNEMPLOYMENT
OUTPUT GROWTH
OUTPUTS
PER CAPITA INCOME
POLICY MAKERS
POLICY OPTIONS
POLICY PERSPECTIVE
POLICY REFORMS
POLICY RESEARCH
POLITICAL ECONOMY
POLITICAL ECONOMY IMPLICATIONS
POOR
POOR HOUSEHOLDS
POOR PEOPLE
POOR REGIONS
POORER GROUPS
POVERTY ASSESSMENT
POVERTY DATA
POVERTY GAP
POVERTY HEADCOUNT RATE
POVERTY HEADCOUNT RATES
POVERTY IMPACT
POVERTY LINE
POVERTY LINES
POVERTY MEASURES
POVERTY POVERTY
POVERTY RATES
POVERTY REDUCTION
PRIMARY EDUCATION
PUBLIC EMPLOYMENT
PUBLIC INVESTMENT
PUBLIC POLICIES
PUBLIC POLICY
PUBLIC PROGRAMS
PUBLIC SECTOR
REAL GDP
REAL WAGES
REASSIGNMENT
REDUCTION IN POVERTY
REGIONAL DISTRIBUTION
REGIONAL DUMMIES
REGIONAL GAPS
REGIONAL GROWTH
REGIONAL VARIATION
RELATIVE IMPORTANCE
RELATIVE INEQUALITY
RELATIVE PRICES
RURAL
RURAL AREAS
RURAL HOUSEHOLD
RURAL HOUSEHOLD INCOME
RURAL HOUSEHOLDS
RURAL POVERTY
RURAL POVERTY RATE
RURAL POVERTY RATES
SAFETY
SAFETY NET
SAFETY NET PROGRAMS
SECTORAL COMPOSITION
SIGNIFICANT FACTOR
SIGNIFICANT IMPACT
SOCIAL SECURITY
SPATIAL DIFFERENCES
UNEMPLOYED
UNEMPLOYMENT
URBAN AREAS
URBAN POOR
URBAN POVERTY
URBAN REGION
URBAN REGIONS
URBAN WORKERS
URBANIZED REGIONS
VULNERABLE GROUPS
VULNERABLE HOUSEHOLDS
WELFARE IMPACT
Habib, Bilal
Narayan, Ambar
Olivieri, Sergio
Sanchez-Paramo, Carolina
Assessing Poverty and Distributional Impacts of the Global Crisis in the Philippines : A Microsimulation Approach
geographic_facet East Asia and Pacific
East Asia and Pacific
Southeast Asia
Asia
Philippines
relation Policy Research working paper ; no. WPS 5286
description 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.
format Publications & Research :: Policy Research Working Paper
author Habib, Bilal
Narayan, Ambar
Olivieri, Sergio
Sanchez-Paramo, Carolina
author_facet Habib, Bilal
Narayan, Ambar
Olivieri, Sergio
Sanchez-Paramo, Carolina
author_sort Habib, Bilal
title Assessing Poverty and Distributional Impacts of the Global Crisis in the Philippines : A Microsimulation Approach
title_short Assessing Poverty and Distributional Impacts of the Global Crisis in the Philippines : A Microsimulation Approach
title_full Assessing Poverty and Distributional Impacts of the Global Crisis in the Philippines : A Microsimulation Approach
title_fullStr Assessing Poverty and Distributional Impacts of the Global Crisis in the Philippines : A Microsimulation Approach
title_full_unstemmed Assessing Poverty and Distributional Impacts of the Global Crisis in the Philippines : A Microsimulation Approach
title_sort assessing poverty and distributional impacts of the global crisis in the philippines : a microsimulation approach
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100428154159
http://hdl.handle.net/10986/3773
_version_ 1764388259629105152
spelling okr-10986-37732021-04-23T14:02:12Z Assessing Poverty and Distributional Impacts of the Global Crisis in the Philippines : A Microsimulation Approach Habib, Bilal Narayan, Ambar Olivieri, Sergio Sanchez-Paramo, Carolina ACCESS TO ELECTRICITY ADVERSE IMPACT AGGREGATE POVERTY AGRICULTURAL EMPLOYMENT AGRICULTURAL OUTPUT AGRICULTURAL SECTOR AGRICULTURAL SECTORS AGRICULTURAL WORKERS AGRICULTURE AVERAGE HOUSEHOLD INCOME BASE YEAR BASIC FOOD BASKET BENCHMARK BUSINESS CYCLE CAPITAL REGION CHANGES IN POVERTY CHRONICALLY POOR CONSUMER PRICE INDEX CONSUMPTION DATA COUNTERFACTUAL CRISES DECLINE IN POVERTY DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING WORLD DEVELOPMENT RESEARCH DISTRIBUTIONAL CHANGES DISTRIBUTIONAL EFFECTS DISTRIBUTIONAL IMPACT DOMESTIC CREDIT DRIVERS ECONOMETRICS ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC POLICIES ECONOMIC POLICY ECONOMIC SECTORS ECONOMICS ECONOMICS LETTERS ELASTICITY EMPLOYMENT GROWTH EMPLOYMENT OPPORTUNITIES EMPLOYMENT STATUS ERROR TERMS EXPORTS FINANCIAL CRISIS FISCAL POLICIES FOOD BASKET FOOD ITEMS FOOD PRICE FOOD PRICES GDP GINI COEFFICIENT GROWTH IMPACT GROWTH PROJECTIONS GROWTH RATE GROWTH RATES HIGH GROWTH HOUSEHOLD DATA HOUSEHOLD HEAD HOUSEHOLD HEAD AGE HOUSEHOLD HEADS HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD VULNERABILITY HUMAN DEVELOPMENT IMPACT ON POVERTY INCIDENCE OF POVERTY INCOME INCOME DISTRIBUTION INCOME DISTRIBUTIONS INCOME GROUPS INCOME INEQUALITY INCOME LEVELS INCOME POVERTY INCOME SHOCKS INEQUALITY INEQUALITY FALLS INFLATION RATE INFORMAL EMPLOYMENT LABOR DEMAND LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKETS LABOR SUPPLY LAND OWNERSHIP MACROECONOMIC POLICIES MACROECONOMIC SHOCKS MICRO DATA OPEN UNEMPLOYMENT OUTPUT GROWTH OUTPUTS PER CAPITA INCOME POLICY MAKERS POLICY OPTIONS POLICY PERSPECTIVE POLICY REFORMS POLICY RESEARCH POLITICAL ECONOMY POLITICAL ECONOMY IMPLICATIONS POOR POOR HOUSEHOLDS POOR PEOPLE POOR REGIONS POORER GROUPS POVERTY ASSESSMENT POVERTY DATA POVERTY GAP POVERTY HEADCOUNT RATE POVERTY HEADCOUNT RATES POVERTY IMPACT POVERTY LINE POVERTY LINES POVERTY MEASURES POVERTY POVERTY POVERTY RATES POVERTY REDUCTION PRIMARY EDUCATION PUBLIC EMPLOYMENT PUBLIC INVESTMENT PUBLIC POLICIES PUBLIC POLICY PUBLIC PROGRAMS PUBLIC SECTOR REAL GDP REAL WAGES REASSIGNMENT REDUCTION IN POVERTY REGIONAL DISTRIBUTION REGIONAL DUMMIES REGIONAL GAPS REGIONAL GROWTH REGIONAL VARIATION RELATIVE IMPORTANCE RELATIVE INEQUALITY RELATIVE PRICES RURAL RURAL AREAS RURAL HOUSEHOLD RURAL HOUSEHOLD INCOME RURAL HOUSEHOLDS RURAL POVERTY RURAL POVERTY RATE RURAL POVERTY RATES SAFETY SAFETY NET SAFETY NET PROGRAMS SECTORAL COMPOSITION SIGNIFICANT FACTOR SIGNIFICANT IMPACT SOCIAL SECURITY SPATIAL DIFFERENCES UNEMPLOYED UNEMPLOYMENT URBAN AREAS URBAN POOR URBAN POVERTY URBAN REGION URBAN REGIONS URBAN WORKERS URBANIZED REGIONS VULNERABLE GROUPS VULNERABLE HOUSEHOLDS WELFARE IMPACT 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. 2012-03-19T18:39:33Z 2012-03-19T18:39:33Z 2010-04-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100428154159 http://hdl.handle.net/10986/3773 English Policy Research working paper ; no. WPS 5286 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper East Asia and Pacific East Asia and Pacific Southeast Asia Asia Philippines