The absence of self-control is often viewed as an important correlate of persistent poverty. Using a standard … poverty damages the ability to exercise self-control. Our theory invokes George Ainslie's notion of "personal rules … assets above which personal rules support unbounded accumulation, and a second threshold below which there is a "poverty trap …

productivity. A poverty trap may arise, in which an unemployed worker with poor credit has a low job finding rate, but cannot …, equivalent to 2.3% per month over ten years. Banning employer credit checks eliminates the poverty trap, but pools job seekers …

model that shows how exogenous variations in market power affect poverty. Increased market power leads to economy … incomes of households, particularly among the poor. Declines in poverty in this context are only possible in the case wherein … poverty eradication. This result suggest the possibility of taxing extranormal rents extracted by firms with market power and …

cost approach. The pros and cons of each method are discussed in the context of poverty and inequality analysis and it is …

This paper offers an axiomatic characterization of two classes of poverty measures that are sensitive to inequality of … opportunity, one a strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty … indices, based on a rank-dependent aggregation of type-specific poverty levels, is also introduced. In empirical analysis …