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 …

pulls many households supporting them into poverty. We also show that the household formation responses draw some unemployed …

economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them …. On the supply side, the best way to rebalance growth is to increase productivity in order to raise wage rates and living …. On the demand side, producers in the region should turn to Asian consumers as an engine of growth. This can be …

We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth … that the substitution elasticity is greater than one. We then discuss how sub aggregate high growth can occur when there …