Guillaumont, Patrick; Korachai, Catherine - World Institute for Development Economic Research … - 2010
, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate … of growth, due to poverty traps, often examined at the microeconomic level. Testing a model of poverty change on a panel … of data for more than 80 countries from 1981 to 2005, we find that income instability results in a lower poverty …