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poverty and inequality. We find that the epidemic lowers average income and increases poverty, and that the jump in poverty is … larger than expected from the fall in average income. This disproportionate increase in poverty reflects the large share of … the population living on the threshold of poverty and the higher HIV prevalence rates in those segments of the population …
Persistent link: https://www.econbiz.de/10014400407
Persistent link: https://www.econbiz.de/10010479456
This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We examine both the long-run effects and the transition towards the post-reform equilibrium, while our main focus are reform packages and...
Persistent link: https://www.econbiz.de/10011704605
In recent years, the link between the real effective exchange rate (REER) and exports in South Africa has weakened. While exports still rise in response to REER depreciations, the REER-export elasticity is below historical estimates. The literature has put forward a number of possible...
Persistent link: https://www.econbiz.de/10011711483
Persistent link: https://www.econbiz.de/10001710935
This paper analyzes the welfare benefits from falling relative prices of IT (information technology) goods across a wide range of countries. We find, using two separate methodologies and datasets, that welfare benefits mainly accrue to users of IT, not their producers, because of falling...
Persistent link: https://www.econbiz.de/10014401665