We develop a methodology to estimate the actual exit time from poverty and the minimum necessary growth rate to eradicate it in a pre-determined period of time without assuming distributionally neutral income growth. We compare the exit time for the average poor (Kanbur, 1987) and the average...

The Feldstein-Horioka Paradox is an empirical regularity that calls into question the validity of the assumption about perfect capital mobility. We study the savings-investment relationship in Mexico from 1950 to 2007 by means of a cointegration analysis that allows for structural breaks. The...