This paper explores the relationship between microcredit and poverty reduction. To investigate this question, we posit … supply constraints to the household's graduation from poverty. These constraints are difficult to overcome in a traditional …

Inequality in Mexico rose between 1989 and 1994 and declined between 1994 and 2010. We examine the role of market … (cash transfers) in explaining changes in inequality. We apply the re-centred influence function method to decompose changes …; institutional factors were not relevant. Government transfers contributed to the decline in inequality, especially after 2000. …

Labour market incomes have been a major contributor to the important fall in inequality in Latin America during the … 2000s. Indeed, it was the main contributor in countries where inequality fell more dramatically. A proper understanding of … the workings of the labour market is necessary to comprehend why inequality fell, what lies ahead of us and what we can do …