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Using micro-data from household expenditure surveys, we document the evolution of consumption poverty in the United … poverty has not declined materially since the 1980s and even increased for the young. We then analyze which social and … economic factors help explain the extent of poverty in the U.S. using probit, tobit, and machine learning techniques. Our …
Persistent link: https://www.econbiz.de/10013170588
pulls many households supporting them into poverty. We also show that the household formation responses draw some unemployed …
Persistent link: https://www.econbiz.de/10011399582
Persistent link: https://www.econbiz.de/10003444342
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swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …
Persistent link: https://www.econbiz.de/10014400356
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This paper measures the extent to which South African economic growth is an engine of growth in sub-Saharan Africa …. Results based on panel data estimation for 47 African countries over four decades suggest that South African growth has a … substantial positive impact on growth in the rest of Africa, even after controlling for other growth determinants. The estimates …
Persistent link: https://www.econbiz.de/10014400625
This paper examines the institutional and macroeconomic determinants of stock market development using a panel data of 42 emerging economies for the period 1990 to 2004. The paper finds that macroeconomic factors such as income level, gross domestic investment, banking sector development,...
Persistent link: https://www.econbiz.de/10014401839
This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend … techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap … macroeconomic policy. Growth accounting and regression analysis suggest that an increase in trend GDP growth after the end of …
Persistent link: https://www.econbiz.de/10014403846