This paper introduces, validates, and applies a Least Absolute Shrinkage and Selection Operator with multiple imputation by Predictive Mean Matching (LASSO-PMM) method to estimate intra-generational welfare dynamics using cross-sectional data. Compared to previous welfare dynamic prediction methods, the LASSO-PMM makes fewer and less restrictive assumptions and allows estimating poverty transitions and income changes. We validate the method using...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2018/08/08
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Рабочий документ в рамках исследования вопросов политики
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WPS8545
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1
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1
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2018/08/08
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Disclosed
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Lassoing Welfare Dynamics with Cross-Sectional Data
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Poverty and Equity
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