What would change if we could track poverty in real time and had accurate, up-to-date poverty estimates at our fingertips? The poverty rate is a crucial indicator for monitoring the development of our countries and for the design and evaluation of public policies. However, official poverty rates are derived from household surveys that often have limited frequency, problems … [Read more...] about Nowcasting Poverty: Revolutionizing Estimates in Central America and the Dominican Republic
Lucía Martín
Lucía Martín is a regional Senior Economist at the Inter-American Development Bank (IDB) for the Country Department of Central America (CID), Haiti, Mexico, Panama and Dominican Republic. She joined the Bank in 2012 and has held different positions during her career, including Young Professional, and Country Economist for Venezuela and for Belize. Previously, she worked in the financial sector in Mexico as a macroeconomic researcher. Lucía holds a master’s degree in economic policy management from Columbia University in the City of New York and a bachelor’s degree from ITAM in Mexico. Her research interests include macroeconomics and economic development.
Maneuvering uncertainty: Nowcasting to improve decision making in a crisis
One of the most common questions in times of pandemic has been: how to cope with constant uncertainty? This is because uncertainty makes it difficult to plan our lives, to manage our finances, it makes harder to have future job prospects, and even creates mental health challenges. At the macroeconomic level, uncertainty hinders the decision-making process for governments, can … [Read more...] about Maneuvering uncertainty: Nowcasting to improve decision making in a crisis