This paper examines the determinants of labor market transitions into and out of self-employment (own-account work and employer), using panel data from 12 developing countries in multiple regions. Despite cross-country heterogeneity, a few consistent patterns emerge.Entering the labor market...

Empirical evidence in the sparse literature on poverty convergence currently relies on cross-sectional analysis, where Less Developed Countries (LDCs) starting out poorer are found to have enjoyed no faster subsequent poverty reduction during the past three decades than those starting out...

The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...