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 …

migration on China's spatial development and aggregate growth during the 1990s and 2000s. We find that initial conditions across …We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial … diffused across space when workers move to another location. We embed the diffusion of ideas through trade and migration into a …

on stock market levels and volatilities in the U.S. than in China. Narrative evidence confirms the dominant - and …

The widely held view that China has greatly reduced income poverty over the last 40 years does not accord with all the … is easily understood, since such measures depend solely on relative distribution, and inequality in China has been rising … evidence. The paper tries to reconcile the conflicting findings. The fact that strongly-relative measures show rising poverty …

sides. The paper estimates how much of China's poverty rate around 1980--near the outset of Deng Xiaoping's pro … China's poverty in 1980 is attributed to the impact of the Maoist path since 1950. Further checks and tests suggest that (if … anything) this is likely to be an underestimate. It took 10-20 years for China's post-reform economy to make up the lost ground …

rural incomes in China. Current literature based on analyses of rural income volatility in China decomposes poverty into … urban-rural income gap on which much of current poverty debate in China focuses. Since an uncertain income stream is worth … poverty gap attributable to mean income over time being below the poverty line. Resulting estimates of 40-50 % transient …

In what is probably the largest cash transfer program in the world today China's Dibao program aims to fill all poverty … gaps. In theory, the program creates a poverty trap, with 100% benefit withdrawal rate (BWR). But is that what we see in …, and is also lower than the rate implied by optimal income tax models for poverty reduction. The paper discusses likely …