Empirical studies in developing countries tend to find higher levels of socioeconomic persistence across generations compared with those of high-income economies. However, there have been relatively few advances in the identification of the drivers of such higher levels of intergenerational...

This paper explores the relationship between microcredit and poverty reduction. To investigate this question, we posit a bare-bone, household model that outlines the economic environment within which various types of family microenterprises operate. It highlights a number of issues that impinge...

Mozambique has achieved remarkable macroeconomic success over recent decades, boasting one of the world's highest rates of GDP growth. However, absolute poverty remains persistent, spilling over into social unrest. To better understand the link between aggregate growth and household welfare,...

This paper studies the determinants of the inefficient functioning of the Tunisian labour market. The study takes advantage of recent developments in the stochastic frontier techniques and estimates the matching function for Tunisia using disaggregated data. We include control variables as...

Die ehemalige DDR hatte eine Basissicherung im Rahmen einer Einheitssozialversicherung. Ferner beeinflusste der Staat die Einkommensverteilung über die staatlich gelenkte Lohnpolitik sowie die Güterverteilung über die Preispolitik. In der Bundesrepublik dominiert die Lebensstandardsicherung...

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...

In zahlreichen Diskussionen wird immer wieder Zuwanderung als ein mögliches Instrument genannt, um die demographischen Probleme der umlagefinanzierten Rentensysteme in Europa zu lindern. Diese eingeschränkte Betrachtungsweise wird aber dem sehr viel weiterreichenden Phänomen der...