New World Bank note looks at gaps between household surveys and national accounts, a key issue for understanding who is being missed.
Poverty measurement is more complicated than a single headline number. A new World Bank note looks at gaps between household surveys and national accounts, a key issue for understanding who is being missed.
Recently, the PIP Innovation Hub was added to the Poverty and Inequality Platform (PIP) as a way to showcase experimental work on poverty and inequality measurement (see previous blog for details). One of the Deep Dive approaches presented in the Innovation Hub as an alternative to the World Bank’s official estimates in PIP addresses two well-known issues prevalent in household surveys. First, there is a disparity between the level of living standards implied by national accounts and survey data. Second, household surveys struggle to capture responses from the richest households.