capture different aspects of people's opportunity sets, for which observed income may be a poor proxy. One implication is that … the cross-country literature on income inequality and growth may have been barking up the wrong tree, and that alternative …

"An apparent temporary narrowing of income inequality has been observed during several recent banking crises. But it … the opposite pattern has also been present. Besides, the poor are much less able to absorb a cut in income: safety …

evolution of poverty and inequality in the Philippines and by analyzing the factors that could be weakening the link between … economic growth and poverty reduction. It also provides a brief profile of the poor. Part two addresses the first strategic … component for fostering inclusive growth, which refers to the enhancement of income opportunities and ensuring greater labor …

"This paper proposes that individuals care about the relative income of proximate reference groups. Making use of self …-reported life satisfaction as a proxy for unobservable utility, the relative income of siblings is tested for relevance as a … reference point for new sample data from Venezuela. Having greater perceived income than one's siblings is found to be …