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Poverty trap models are dynamical systems with more than one attractor. Similar dynamical systems arise in optimal …
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, or violence. We provide a model to discuss the implications for the emergence of poverty traps. …
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This article concerns the need to define poverty in a way to be relevant to the context it is to refer, to be … socioeconomic situations and analyses the two approaches to poverty - basic needs and income (or poverty line) - in what concerns … their advantages and shortcomings. It highlights how perverse the generalization of the use of the poverty line approach can …
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We study three budget-neutral reforms of the German tax and transfer system designed to improve work incentives for people with low incomes: a feasible flat tax reform that provides a basic income which is equal to the current level of the means tested unemployment benefit, and two alternative...
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