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Simulating Distributional Impacts of Macro-dynamics : Theory and Practical Applications

Author

Listed:
  • Sergio Olivieri
  • Sergiy Radyakin
  • Stainslav Kolenikov
  • Michael Lokshin
  • Ambar Narayan
  • Carolina Sánchez-Páramo

Abstract

Simulating Distributional Impacts of Macro-dynamics: Theory and Practical Applications is a comprehensive guide for analyzing and understanding the effects of macroeconomic shocks on income and consumption distribution, as well as using the ADePT Simulation Module. Since real-time micro data is rarely available, the Simulation Module (part of the ADePT economic analysis software) takes advantage of historical household surveys to estimate how current or proposed macro changes might impact household and individuals welfare. Using examples from different economic and social contexts, the book explains macro-micro linkages in an easy and intuitive way. After developing a sound theoretical foundation, readers are then shown how to explore their own scenarios using the Simulation Module. Step-by-step instructions illustrate data entry and show how to make adjustments using the Module’s options. Exercises present how different sections of the simulation process operate independently. This book will be a valuable reference for analysts needing to evaluate the potential impact of structural reforms and to generate projections for hypothetical scenarios. Results created by the Simulation Module will be helpful in informing governmental policymaking.

Suggested Citation

  • Sergio Olivieri & Sergiy Radyakin & Stainslav Kolenikov & Michael Lokshin & Ambar Narayan & Carolina Sánchez-Páramo, 2014. "Simulating Distributional Impacts of Macro-dynamics : Theory and Practical Applications," World Bank Publications, The World Bank, number 20391, April.
  • Handle: RePEc:wbk:wbpubs:20391
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/20391/9781464803840.pdf?sequence=5
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    Citations

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    Cited by:

    1. Rozenberg,Julie & Hallegatte,Stephane, 2015. "The impacts of climate change on poverty in 2030 and the potential from rapid, inclusive, and climate-informed development," Policy Research Working Paper Series 7483, The World Bank.
    2. World Bank & Government of Iraq, 2015. "Losing the Gains of the Past," World Bank Other Operational Studies 24991, The World Bank.
    3. Krishnan,Nandini & Olivieri,Sergio Daniel, 2016. "Losing the gains of the past : the welfare and distributional impacts of the twin crises in Iraq 2014," Policy Research Working Paper Series 7567, The World Bank.
    4. Balistreri,Edward Jay & Maliszewska,Maryla & Osorio-Rodarte,Israel & Tarr,David & Yonezawa,Hidemichi, 2016. "Poverty and shared prosperity implications of deep integration in Eastern and Southern Africa," Policy Research Working Paper Series 7660, The World Bank.

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