Knowing When You Do Not Know Simulating the Poverty and Distributional Impacts of an Economic Crisis

Showcases a microsimulation model, developed in response to demand from World Bank staff working in countries and country governments in the wake of the global financial crisis of 2008-09. Starting with the idea of using simple macroeconomic projections as the "macro linkages” to a micro behavioural model built from household data, the model was conceptualized, refined and tested in a diverse mix of countries.