Forecasting Estimates of Poverty During the COVID-19 Crisis
Zachary Parolin, Christopher Wimer
202021 citations
Abstract
To what extent will the COVID-19 pandemic increase levels of poverty in the United States? Official estimates of poverty in the United States are presented on an annual basis and with a considerable lag. In this brief, we apply a novel method for forecasting poverty rates in the United States using the Supplemental Poverty Measure (SPM) framework with a goal of providing projections of poverty rates throughout the COVID-19 crisis.
Topics & Concepts
PovertyCoronavirus disease 2019 (COVID-19)PandemicLagPoverty rate2019-20 coronavirus outbreakDevelopment economicsEconomicsSevere acute respiratory syndrome coronavirus 2 (SARS-CoV-2)EconometricsEconomic growthComputer scienceMedicineVirologyPathologyComputer networkOutbreakDiseaseInfectious disease (medical specialty)COVID-19 epidemiological studiesCOVID-19 Pandemic Impacts