The Distributional Impacts of Indonesia's Financial Crisis on Household Welfare: A "Rapid Response" Methodology
提出一种简单方法，仅用危机前家庭信息估计1997年亚洲金融危机对印尼家庭福利的补偿变差，发现几乎所有家庭都受到严重影响，城市贫困家庭损失最大，农村家庭因自产食物缓解了高通胀冲击。
Analyzing the distributional impacts of \n economic crises is an ever more pressing need. If \n policymakers are to intervene to help those most adversely \n affected, they need to identify those who have been hurt \n most and estimate the magnitude of the harm they have \n suffered. They must also respond in a timely manner. This \n article develops a simple methodology for measuring these \n effects and applies it to analyze the impact of the \n Indonesian economic crisis on household welfare. Using only \n pre-crisis household information, it estimates the \n compensating variation for Indonesian households following \n the 1997 Asian currency crisis and then explores the results \n with flexible nonparametric methods. It finds that virtually \n every household was severely affected, although the urban \n poor fared the worst. The ability of poor rural households \n to produce food mitigated the worst consequences of the high \n inflation. The distributional consequences are the same \n whether or not households are permitted to substitute toward \n relatively cheaper goods. Households with young children may \n have suffered disproportionately large adverse effects.