poverty with respect to changes in the mean of the distribution of income, thus analytically linking the poverty measures to … key macroeconomic aggregates. Numerous insights are found in Kakwani's elasticities. However, the literature on poverty … and growth since then has revealed that the impacts of economic growth on poverty, as observed in practice, can be …

productivity. A poverty trap may arise, in which an unemployed worker with poor credit has a low job finding rate, but cannot …, equivalent to 2.3% per month over ten years. Banning employer credit checks eliminates the poverty trap, but pools job seekers …

knowledge. This simple idea can inform cross-country income differences, international trade patterns, poverty traps, and price …