Consumer price indices and poverty in Iraq, 2007
TL;DRAbstract
The paper illustrates the methodological steps involved in estimating price deflators for Iraq on the basis of the 2007 Iraq Household Socio-Economic Survey (IHSES). We first construct a temporal consumer price index, required to adjust household expenditures for the effects of inflation. Next we discuss the choices made for the construction of a spatial consumer price index, required to adjust household expenditures for differences in price levels between different regions in Iraq. The estimated deflators allow us to transform nominal incomes and expenditures available from the IHSES into real terms. This measure is required to compare welfare levels across population groups and inform policy makers engaged in designing poverty reduction strategies in Iraq.
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The paper illustrates the methodological steps involved in estimating price deflators for Iraq on the basis of the 2007 Iraq Household Socio-Economic Survey (IHSES). We first construct a temporal consumer price index, required to adjust household expenditures for the effects of inflation. Next we discuss the choices made for the construction of a spatial consumer price index, required to adjust household expenditures for differences in price levels between different regions in Iraq. The estimated deflators allow us to transform nominal incomes and expenditures available from the IHSES into real terms. This measure is required to compare welfare levels across population groups and inform policy makers engaged in designing poverty reduction strategies in Iraq.
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