The Impact of Macroeconomic Policies on Poverty and Income Distribution : Macro-Micro Evaluation Techniques and Tools
This book assembles methodologies and techniques to evaluate the poverty impact of macroeconomic policies. It takes as a departure point a companion volume, the impact of economic policies on poverty and income distribution: evaluation techniques a...
Main Authors: | , , |
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Format: | Publication |
Language: | English en_US |
Published: |
Washington, DC : World Bank and Palgrave Macmillan
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2008/06/9880194/impact-macroeconomic-policies-poverty-income-distribution-macro-micro-evaluation-techniques-tools http://hdl.handle.net/10986/6586 |
Summary: | This book assembles methodologies and
techniques to evaluate the poverty impact of macroeconomic
policies. It takes as a departure point a companion volume,
the impact of economic policies on poverty and income
distribution: evaluation techniques and tools. This volume
was primarily a review of microeconomic techniques aimed at
assessing policies that are directly concerned with the
welfare of poor households or individuals such as changing
the level of cash transfers to the poorest households,
increasing price subsidies for basic consumer goods, and the
like. In addition, the second part of that earlier
publication introduced basic techniques to deal with the
poverty impact of macroeconomic policies that by definition
are not targeted and affect the whole population. This
volume presents a comprehensive array of macro-micro
modeling frameworks. It begins by highlighting the
limitation of macroeconomic models that use representative
household groups to link macroeconomic policies and
microeconomic data. It then moves to more complexes,
top-down modeling frameworks, which combine (top) macro
models and (down) micro simulation models that, in turn, can
be simple micro accounting models or behavioral micro
models. The book also explores integrated models, in which
the macro and micro parts are either linked by iterative
feedback loops or solved simultaneously as a single model.
By providing clear access to these techniques, by
documenting their analytical underpinnings, their data
requirements, and their range of applicability, and even by
highlighting some of their limitations, this book provides a
unique compendium for practitioners, policy makers, and
anyone interested in economic development. |
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