development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …

better health care implies that mortality could be the source of a poverty trap. In our regressions, adult mortality explains …

development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …

supermarket entry on household welfare. The richness of the microdata allows us to estimate a general expression for the gains … large and significant welfare gains for the average household that are mainly driven by a reduction in the cost of living …

dynamic model of consumption and labor supply. We emphasize two key results. First, a psychology-based theory of poverty traps … of financial stress. On the other hand, naifs dis-save, fall into a poverty trap, and incur high welfare losses. Second …

Human capital, including health and nutrition, has played a key role in the literature on poverty traps. Economic … and, thereby, push individuals into poverty. Three potential concerns in this literature are explored with empirical …