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Impacts of the Indonesian Economic Crisis: Price Changes and the Poor Author info | Abstract | Publisher info | Download info | Related research | Statistics James Levinsohn
Steven Berry
Jed Friedman
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The recent financial crisis in Indonesia has resulted in dramatic price increases. Using very recent data, we investigate whether these price increases have impacted the cost-of-living of poor households in a disproportionately harsh way. We find that the poor have indeed been hit hardest. Just how hard the poor have been hit, though, depends crucially on where the household lives, whether the household is in a rural or urban area, and just how the cost-of-living index is computed. What is clear is that the notion that the very poor are so poor as to be insulated from international shocks is simply wrong. Rather, in the Indonesian case, the very poor appear the most vulnerable.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
7194.
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Date of creation: Jun 1999Date of revision:
Publication status: published relationship to a non-chapter. This should not happen. Please contact NBER.Handle: RePEc:nbr:nberwo:7194Note: IFM ITIContact details of provider: Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A. Phone: 617-868-3900 Email: Web page: http://www.nber.org More information through EDIRC
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Emmanuel Skoufias, 2001.
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