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A Retrospective Look at How Well a Macro-Micro Model Can Analyze the Impact of the Global Financial Crisis on a Developing Country

Author

Listed:
  • Margaret Chitiga
  • Bernard Decaluwé

    (ULaval - Université Laval [Québec])

  • Ramos Mabugu
  • Helene Maisonnave

    (ULH - Université Le Havre Normandie - NU - Normandie Université)

  • Veronique Robichaud
  • Debra Shepherd
  • Servaas van Der Berg
  • Dieter Von Fintel

Abstract

This article is a follow-up to one that looked at the impact of the economic crisis on child poverty in South Africa using a macro-micro modeling technique. The current article's contribution is to position the results of the first article in the context of the actual effects of the crisis. Hence, this article offers a comparative analysis between the results of the modeling with the actual observed outcomes. It also offers explanations for why some model results are different from what obtained in the country after the crisis period.

Suggested Citation

  • Margaret Chitiga & Bernard Decaluwé & Ramos Mabugu & Helene Maisonnave & Veronique Robichaud & Debra Shepherd & Servaas van Der Berg & Dieter Von Fintel, 2015. "A Retrospective Look at How Well a Macro-Micro Model Can Analyze the Impact of the Global Financial Crisis on a Developing Country," Post-Print hal-02314217, HAL.
    • Handle: RePEc:hal:journl:hal-02314217
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    References listed on IDEAS

    as
    1. Helene Maisonnave & Margaret Chitiga & Bernard Decaluwé & Ramos Mabugu & Véronique Robichaud & Debra Shepherd & Servaas Van der Berg & Dieter Von Fintel, 2015. "The Impact of the International Economic Crisis on Child Poverty in South Africa," Poverty & Public Policy, John Wiley & Sons, vol. 7(2), pages 176-199, June.
    2. Luca Tiberti & John Cockburn & Ismaël Fofana, 2010. "Simulating the Impact of the Global Economic Crisis and Policy Responses on Children in West and Central Africa," Papers inwopa596, Innocenti Working Papers.
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