1.

Record Nr.

UNINA9910973781203321

Autore

Minoiu Camelia

Titolo

Kernel Density Estimation Based on Grouped Data : : The Case of Poverty Assessment / / Camelia Minoiu, Sanjay Reddy

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

9786612841347

9781462391110

1462391117

9781452786414

1452786410

9781451870411

1451870418

9781282841345

1282841343

Edizione

[1st ed.]

Descrizione fisica

1 online resource (36 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/183

Altri autori (Persone)

ReddySanjay

Disciplina

339.46

Soggetti

Poverty - Measurement

Income distribution - Econometric models

Kernel functions

Aggregate Factor Income Distribution

Demographic Economics: General

Demography

Econometric models

Econometrics & economic statistics

Econometrics

Estimation techniques

Estimation

Income distribution

Income

Macroeconomics

Personal income

Personal Income, Wealth, and Their Distributions

Population & demography

Population and demographics

Population

Poverty & precarity

Poverty and Homelessness



Poverty

Welfare, Well-Being, and Poverty: General

Nicaragua

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Motivation; II. The Data Structure and the Bias of the Estimator; III. The Bandwidth and Kernels Considered; IV. Monte Carlo Study; A. Theoretical Distributions; B. Summary Statistics, Density Estimates and Diagrams; C. Poverty Estimates; V. Country Studies; VI. Global Poverty; VII. Conclusions; References; Appendix; Appendix Figures; 1. Distributions used in Monte Carlo analysis; 2. Bias of KDE-based density (log-normal distribution); Appendix Tables; 1. Summary statistics from KDE-based sample; 3. Bias of estimated density (multimodal distribution)

4. Bias of estimated density (Dagum distribution)2. Bias of poverty measures (Low and High Poverty Lines); 5. Bias in the poverty headcount ratio versus location of poverty line; 3. Bias of poverty measures (Triweight kernel, Poverty line: 0.25 x median); 4. Bias of poverty measures (Hybrid bandwidth, Poverty line: 0.5 x median); 5. Bias of poverty measures (Epanechnikov kernel, Silverman bandwidth); 6. Bias of poverty measures (Gaussian kernel, Poverty line: Capability); 6. Survey-based and grouped data KDE-based density estimates; 7. Global poverty rates (% poor)

8. Global poverty counts (millions)

Sommario/riassunto

We analyze the performance of kernel density methods applied to grouped data to estimate poverty (as applied in Sala-i-Martin, 2006, QJE). Using Monte Carlo simulations and household surveys, we find that the technique gives rise to biases in poverty estimates, the sign and magnitude of which vary with the bandwidth, the kernel, the number of datapoints, and across poverty lines. Depending on the chosen bandwidth, the $1/day poverty rate in 2000 varies by a factor of 1.8, while the $2/day headcount in 2000 varies by 287 million people. Our findings challenge the validity and robustness of poverty estimates derived through kernel density estimation on grouped data.