Datt, Gaurav; Ravallion, Martin - In: Review of Development Economics 1 (1997) 2, pp. 135-52
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...