exploit this fact to identify the impact of opening a rural bank on poverty and output. Our estimates suggest that the Indian … rural branch expansion programme significantly lowered rural poverty, and increased non-agricultural output. …

rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …

estimates of the impact of adjustment on poverty using household income and expenditure surveys currently available in LDCs. It … proposes the use of decomposable poverty indices as a tractable vehicle for calculating the impact of adjustment on overall … poverty. This framework does require, however, reasonably disaggregated data on income distribution. …

Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population … population dynamics and productivity growth. Although a reform is necessary, delaying its implementation implies large welfare …

knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with … productivity, to a ‘Marxian’ zone where they paradoxically decline with productivity. This is because as consumption of a given … creativity is more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from …

productivity growth in the US economy can be attributed to a technological acceleration within durable manufacturing and to …-factor productivity in the 88% of the economy outside of durable manufacturing. In comparison with the Great Inventions of 1860-1900, the …