This paper gives a selected review of some of the work on poverty mobility, largely based on recent research. The literature is vast and many interesting suggestive findings have emerged. Most evidence points to the importance of household endowments, in terms of education or assets, as well as...

We investigate the causes of civil war, using a new data set of wars during 1960-99. We test a greed theory focusing on the ability to finance rebellion, against a grievance theory focusing on ethnic and religious divisions, political repression and inequality. We find that greed considerably...

Recent decades have seen a considerable expansion of global trade and a simultaneous decline in inflation volatility. This paper investigates whether greater openness to trade helps achieve inflation stability. Using panel data for a sample of developing and industrial countries over the period...

This paper presents unique evidence that orphanhood matters in the long-run for health and education outcomes, in a region of Northwestern Tanzania. We study a sample of 718 non-orphaned children surveyed in 1991-94, who were traced and reinterviewed as adults in 2004. A large proportion, 19...