The International Comparison Program (ICP) has become not only the largest international statistical program in the world, but also the most complex. In the years leading up to 2005, six rounds of the...
Temporal deflators are needed to compare welfare aggregates over time, and thus to measure real changes in poverty. This note describes the sources of the consumer price indices that are used for every...
The September 2018 update to PovcalNet involves several changes to the dataunderlying the global poverty estimates. Some welfare aggregates have been changed forimproved harmonization, and some of the...
The April 2018 update to PovcalNet involves several changes to the data underlying the global poverty estimates. Some welfare aggregates have been changed for improved harmonization, some surveys have...
The paper provides new measures of global poverty that take seriously the idea of relative-income comparisons but also acknowledge a deep identification problem when the latent norms defining poverty vary...
Growth in developing East Asia and Pacific (EAP) continues to be resilient and in line with previous expectations. Already robust domestic demand has been supported by some pickup in external demand and...
In the six months since the previous East Asia and Pacific (EAP) economic update, developing EAP has faced a challenging external environment. Financial market conditions in the region, however, have been...
The 2014 release of a new set of purchasing power parity conversion factors (PPPs) for 2011 has prompted a revision of the international poverty line. In order to preserve the integrity of the goalposts...
The 2014 release of a new set of purchasing power parity conversion factors (PPPs) for 2011 has prompted a revision of the international poverty line. In order to preserve the integrity of the goalposts...
Although poverty reduction has been a mainstay of its work for decades, the World Bank has for the first time, committed to a specific poverty reduction target to guide its work. Similarly, the goal to...
Empirical studies of tax and benefit incidence routinely ignore behavioral responses and measurement errors. This paper offers an econometric method of estimating the mean benefit withdrawal rate (marginal...
The International Comparison Program (ICP) has become not only the largest international statistical program in the world, but also the most complex. In the years leading up to 2005, six rounds of the...
Relative deprivation, shame and social exclusion can matter to the welfare of people everywhere. The authors argue that such social effects on welfare call for a reconsideration of how we assess global...
Prevailing measures of relative poverty are unchanged when all incomes grow or contract by the same proportion. This property stems from seemingly implausible assumptions about the disutility of relative...
The article presents the first major update of the international $1 a day poverty line, proposed in world development report 1990: poverty for measuring absolute poverty by the standards of the world's...
Prevailing measures of relative poverty put an implausibly high weight on relative deprivation, such that measured poverty does not fall when all incomes grow at the same rate. This stems from the (implicit)...
This issue includes the following: dollar a day revisited, by Martin Ravallion, Shaohua Chen, and Prem Sangraula; evidence on changes in aid allocation criteria, by Stijn Claessens, Danny Cassimon, and...
Included in this issue: Interview with the President of Islamic Development Bank (IDB). International and regional inflation. An output method for education purchasing power parties (PPPs). Dikhanov tables...
The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is...
In 2005, China participated for the first time in the International Comparison Program (ICP), which collects primary data across countries on the prices for an internationally comparable list of goods...