Measuring poverty dynamics and inequality in transition economies disentangling real events from noisy data

Estimates of income inequality and the dynamics of poverty are highly sensitive to measurement error and transitory shocks in micro-level data. The apparent high levels of economic mobility in Poland and Russia are driven largely by transitory shocks and noisy data. There is a real risk of an entren...

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Bibliographic Details
Main Author: Luttmer, Erzo F. P.
Corporate Author: World Bank Europe and Central Asia Region
Format: eBook
Language:English
Published: Washington, DC World Bank, Europe and Central Asia Region, Poverty Reduction and Economic Management Sector Unit 2001
Series:Policy research working paper
Subjects:
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Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:Estimates of income inequality and the dynamics of poverty are highly sensitive to measurement error and transitory shocks in micro-level data. The apparent high levels of economic mobility in Poland and Russia are driven largely by transitory shocks and noisy data. There is a real risk of an entrenched underclass emerging in these transition economies
Item Description:"May 2001"--Cover. - Includes bibliographical references (p. 31-32). - Title from title screen as viewed on Sept. 18, 2002