a higher education subsidy cut reduces welfare and increases poverty in Vietnam. While rural and agricultural households …Education is often promoted as the solution to poverty in the developing world. Yet, fiscal discipline has led to … reductions in public spending on education. We examine the poverty impacts of a cut in public subsidies to higher education …

This paper extends the previous literature on the ethical links between the measurement of poverty, social welfare and … poverty may be interpreted as a robust ranking of social welfare, and a robust ranking of relative poverty may be intepreted … inequality. We show inter alia, how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute …

We study the welfare effects of government-backed FDIs in Africa’s farmlands. We build an occupational choice model …

In this paper, we measure the welfare costs/gains associated with financial market incompleteness in a monetary union … rise to a lower volatility of national inflation rates, which proves welfare improving with respect to the situation of … complete financial markets. The corresponding welfare gains are equivalent to an average increase of 1.8% of permanent …

policy, the government can improve social welfare by limiting the degree of pass-through of oil prices. We find, however …, that the welfare gain from pursuing such a policy is negligible. …

Existing estimates of the welfare cost of business cycles suggest that it is quite low and might well be minuscule …-sharing is imperfect, the welfare costs computed with aggregate consumption data are likely underestimates. Yet, incomplete … that the welfare cost of macroeconomic volatility is in fact very substantial. In one half of the U.S. states, the welfare …

large welfare costs of macroeconomic fluctuations in poor countries could be alleviated by a simple reallocation of aid …

In 2002 the Government of Quebec enacted Bill 112, known as An Act to Combat Poverty and Social Exclusion. It has also … poverty and social exclusion. The Committee published a series of recommendations in 2009 that more or less amount to a …

consumption and production can bias the final impact on household welfare. The main objective of this study is thus to develop a … robust and comprehensive tool to evaluate the effect on household welfare of different agricultural policies in Tanzania and … simulate the effect on household welfare of a hypothetical 40% increase in the price of cereals and other crops and a …