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Measurements of Poverty and Inequality. Evaluation of Poverty and Inequality Reduction Policies

2020/2021
Academic Year
ENG
Instruction in English
5
ECTS credits
Course type:
Elective course
When:
2 year, 1, 2 module

Instructor

Course Syllabus

Abstract

The course is aimed at preparing students for independent research activities. Its particular goals in-clude introducing students into the methodology of measuring poverty and inequality, training them to crit-ically evaluate reliability and adequacy of the statistical data, as well as comparability of different statistical sources, providing them a systematic understanding of the relations between poverty, inequality and eco-nomic development, and introducing into a range of quantitative methods of evaluation of poverty and ine-quality reduction policies. This course relies on previous knowledge of students in economics, political and social theories, and statistics. During the course students will have an opportunity to apply their understanding of the de-mographic and economic situation in certain countries and regions, as well as of the global demographic and economic trends to the analysis of social processes in different parts of the world.
Learning Objectives

Learning Objectives

  • The learning objectives of this course are:  to introduce main concepts applied in social policy analysis, definitions and approaches to measure poverty, inequality and quality of life;  to provide an understanding of various effects of demographic, social and economic factors on poverty and inequality;  to develop practical skills of estimating poverty, inequality and social program effects based on population survey data and official statistics;  to familiarize with limitations of statistical data on poverty and inequality coming from dif-ferent sources, focusing on the impact of survey methodology on the content and quality of collected data.  to provide a range of quantitative methods of evaluation of poverty and inequality reduction policies;  to study examples of their application;  to familiarize with the problems that arises when evaluating programs and policies.
Expected Learning Outcomes

Expected Learning Outcomes

  •  to have a deeper knowledge of well-being, poverty, inequality and quality of life measure-ment
  •  to be able to estimate, interpret and compare the most popular poverty and inequality indica-tors;  to possess knowledge on quantitative methods of evaluation of poverty and inequality reduction policies.  to be able to apply methods of assessing policies of poverty and inequality reduction for a specific socio-economic process under study
  •  to be able to estimate, interpret and compare the most popular poverty and inequality indica-tors;
  •  to be able to apply methods of assessing policies of poverty and inequality reduction for a specific socio-economic process under study
  •  acquire practical skills of analytical work on the study of poverty and inequality at national and international level
  •  to possess knowledge on quantitative methods of evaluation of poverty and inequality reduction policies
  •  to gain experience of working with STATA, which allow applying methods of poverty and inequality measurement and evaluating policies of their reduction
Course Contents

Course Contents

  • Introduction to the course. Poverty and inequality: basic concepts
  • Measuring poverty
    Welfare indicators. Poverty lines. Poverty indices. Robustness of measures. International poverty comparisons.
  • Inequality measures
  • Policies of reduction poverty and inequality and their estimates
    Targeting poverty groups. Understanding the determinants of poverty. Vulnerability to poverty. Reduction poverty policy examples. Taxation and gov-ernment spending in reduction poverty and inequality.
  • Policies monitoring and evaluation
    Monitoring vs. evaluation. Analysis of policies over time. Randomized impact evaluation. Using survey data. Using regressions in impact evaluation. Double difference. Instrumental varia-bles. Propensity score matching in impact evaluation.
Assessment Elements

Assessment Elements

  • non-blocking Homework Essay
  • Partially blocks (final) grade/grade calculation Test
    The final control test will be held in a distant format
  • non-blocking Participation in the lectures and seminars
    Current control in the form of solving problems on measurement of poverty/inequality, reduction policy and its impact evaluation based on the population survey data and using Stata package
Interim Assessment

Interim Assessment

  • Interim assessment (2 module)
    0.3 * Homework Essay + 0.3 * Participation in the lectures and seminars + 0.4 * Test
Bibliography

Bibliography

Recommended Core Bibliography

  • A guide to modern econometrics, Verbeek, M., 2008

Recommended Additional Bibliography

  • A guide to modern econometrics, Verbeek, M., 2012