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 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