-2008), we tell the story of this descent into hell from the standpoint of poverty and living standards. In 2008, after five … years of civil war and another episode yet to come (2010-11), extreme 1.25 USD poverty headcount had reached a historical … record in poverty, with northern areas deeply impoverished by the partition …

(1988-2008), we tell the story of this descent into hell from the standpoint of poverty and living standards. In 2008, after … five years of civil war and another episode yet to come (2010-11), the extreme US$1.25 poverty headcount had reached a …

inequalities and trade patterns. We analyze the effect of redistributive policies on the production patterns and welfare. We … terms of trade and the welfare distribution within countries. Our framework hopefully provides a basic tool for studying the … interactions between changes in taris on welfare and inequalities inside and between countries. We obtain non monotone …

This paper quantifies the effects on welfare of misspecified monetary policy objectives in a stylized DSGE model. We … show that using inappropriate objectives generates relatively large welfare costs. When expressed in terms of ‘consumption … uncertainty decomposition indicates that uncertainty about the properties of markup shocks gives rise to the largest welfare costs. …

is not necessarily welfare-enhancing. We show that firms that use a large share of the low-tech input relocate first … detrimental to workers’ welfare in both countries. …

is not necessarily welfare-enhancing. We show that firms that use a large share of the low-tech input relocate first … detrimental to workers’ welfare in both countries. …

and welfare gains in the long term (six to twelve years). The stocks of productive assets, notably in farms, get …. These findings tend to discount the presence of poverty traps, and exhibit the potential long-term benefits from well …

again made a difference for consumption and nutrition (the case of Mali). On the one hand, large differences in welfare can …