Income distribution in the Philippines is highly uneven, and poverty rates are higher than in other ASEAN countries. In … addition, although the poverty rate has declined over time, the rate of decline has been lower than in other countries, and …

We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population … of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are … positively correlated with wealth: moving from the 10th to the 90th percentile of the financial wealth distribution increases the …

Philippines, and Thailand. TCRER movements are associated only weakly with shocks to capital flows. Negative shocks to U ….S. interest rates lead to capital inflows in Asia and a TCRER appreciation in the Philippines and Thailand. Positive shocks to …

different data sources, parametric and nonparametric estimation methods, and multiple poverty lines. Our results indicate that … accounts but are relatively consistent across different estimation methods. The decline in poverty over the past decade is …Current estimates of global poverty vary substantially across studies. In this paper we undertake a novel sensitivity …

This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic … and poverty …

contribution of this role to rising wealth concentration among American households. I highlight the following points: 1) financial … globalization raises wealth inequality in a financially-developed economy initially due to foreign capital pressing up domestic … households to reallocate wealth toward risky assets while impoverished households increase their debt. Wealth concentration …