The World Bank Economic Review Advance Access published online on June 19, 2007
The World Bank Economic Review, doi:10.1093/wber/lhm010
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Tracking Poverty Over Time in the Absence of Comparable Consumption Data
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
JEL codes: C81, I32
Following the endorsement by the international community of the Millennium Development Goals, there has been an increasing demand for practical methods for steadily tracking poverty. An economically intuitive and inexpensive methodology is explored for doing so in the absence of regular, comparable data on household consumption. The minimum data requirements for this methodology are the availability of a household budget survey and a series of surveys with a comparable set of asset data also contained in the budget survey. This method is illustrated using a series of Demographic and Health Surveys for Kenya.