development. In low-income countries, young adults that are born into smaller cohorts are less likely to work, but school … attendance remains unchanged. In middle-income countries, young adults in smaller cohorts are less likely to be unemployed and … middle-income countries, but there is scant evidence that these improvements persist into adulthood. …

Using the 1992 Bulgarian household budget survey, the authors analyze the distribution of income and of the income tax … burden by income and expenditure class and by rural-urban sector. They find: 1) Low income inequality (although that is … changing rapidly). 2) A progressive income tax system. The poor (the lowest two-income decile) pay only 1.4 percent of their …