poverty damages the ability to exercise self-control. Our theory invokes George Ainslie's notion of "personal rules …The absence of self-control is often viewed as an important correlate of persistent poverty. Using a standard … assets above which personal rules support unbounded accumulation, and a second threshold below which there is a "poverty trap …

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

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 …

The conventional wisdom that Africa is not reducing poverty is wrong. Using the methodology of Pinkovskiy and Sala …-i-Martin (2009), we estimate income distributions, poverty rates, and inequality and welfare indices for African countries for the … period 1970-2006. We show that: (1) African poverty is falling and is falling rapidly; (2) if present trends continue, the …

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 …

Standard measures of poverty may reveal nothing about whether the poorest of the poor are being lifted-up or left …

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 …

modern technology to be used. The possibility of a poverty trap induced by high aid volatility is first examined in a …