Datt, Gaurav; Ravallion, Martin - 2014
Survey-based welfare indicators can fluctuate over time in ways which have little to do with macroeconomic changes in … the economy. So basing policy decisions on short-term movements in such welfare indicators can be hazardous. There was a … sharp increase in India's poverty measures in the aftermath of the 1991 crisis and stabilization program. However, only one …