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Tracking Poverty Over Time in the Absence of Comparable Consumption Data
Authors:Stifel  David; Christiaensen  Luc
Institution:David Stifel is an assistant professor at Lafayette College; his email address is stifeld{at}lafayette.edu
Luc Christiaensen (corresponding author) is a senior economist in the East Asia Rural Development and Environment Unit at the World Bank; his email address is lchristiaensen{at}worldbank.org
Abstract:Following the endorsement by the international community ofthe Millennium Development Goals, there has been an increasingdemand for practical methods for steadily tracking poverty.An economically intuitive and inexpensive methodology is exploredfor doing so in the absence of regular, comparable data on householdconsumption. The minimum data requirements for this methodologyare the availability of a household budget survey and a seriesof surveys with a comparable set of asset data also containedin the budget survey. This method is illustrated using a seriesof Demographic and Health Surveys for Kenya.
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