Moldova : A Story of Upward Economic Mobility
During the early 2000s, Moldova experienced strong economic growth and poverty and inequality reductions. This paper aims at uncovering the patterns behind these poverty trends by looking at economic mobility and its associated factors in Moldova....
Main Authors: | , |
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Language: | English en_US |
Published: |
World Bank Group, Washington, DC
2015
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2015/01/23839214/moldova-story-upward-economic-mobility http://hdl.handle.net/10986/21384 |
Summary: | During the early 2000s, Moldova
experienced strong economic growth and poverty and
inequality reductions. This paper aims at uncovering the
patterns behind these poverty trends by looking at economic
mobility and its associated factors in Moldova. The findings
build on the synthetic panel approach and allow for a
non-anonymous view of the process of poverty reduction. The
data used for this country study on Moldova come from the
Household Budget Survey, which is conducted on a yearly
basis. The paper presents transition matrices to look at the
patterns of economic mobility across selected consumption
thresholds, as well as descriptive statistics and a linear
probability model aimed at identifying correlates of
economic mobility. The findings show that the observed
poverty reductions happened with little churning, and
highlight the importance of education and employment on
upward economic mobility in Moldova in the 2000s, as well as
the role of public and private transfers. |
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