The Impact of Exogenous Shocks on Households in the Pacific : A Micro-Simulation Analysis
This paper seeks to provide evidence on
the extent of household vulnerability to exogenous economic
shocks in the Pacific region and consider policy options
that help to manage this risk. Characteristics of the region
such as remoteness, small size, dispersion, and urbanizing
populations lead to pronounced vulnerabilities. The paper
presents macroeconomic and distributional analysis and
complements it with results of a micro-simulation model