A growing impact evaluation literature on antipoverty transfer programmes in low‐ and middle‐income countries measures changes in utilitarian terms, at their unit value. The paper argues that valuing antipoverty transfers is more appropriately done within a framework of prioritarian social...

The work and retirement behaviour of older groups, and their vulnerability to economic conditions ought to be key parameters for pension reform, especially as regards the design of pension schemes and pension benefits. In practice, very little attention has been paid to these issues in Latin...

The paper examines two commonly held views on the relationship existing between old age and poverty in developing countries: that poverty is less pronounced among the old; and that poverty reduction programmes focused on the old have lower social payoffs than programmes aimed at the young. The...

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