Scholars emphasize that poverty in Britain has risen sharply since the late 1970s. Meanwhile in the United States, both … official figures and traditional poverty scholars report sharp declines in poverty. We seek to provide a comparison of poverty …, or policy-account for the observed changes in poverty in the two nations and what role could policy play in reducing …

poverty damages the ability to exercise self-control. Our theory invokes George Ainslie's notion of "personal rules …The absence of self-control is often viewed as an important correlate of persistent poverty. Using a standard … 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 …

A growing literature associates poverty with biases in decision-making. We investigate this link in a sample of over 3 …

characteristics, i.e. fundamental forces, against the alternative that there are poverty traps. Taking geographical variables as … fundamental characteristics, we find that we can reject fundamental forces in favor of a poverty trap model with high and low …

Why have some poor countries been able to take off while others are still stuck in the poverty trap? To address this … conditions of 41 countries that are still in the poverty trap, (iii) a group of trapped economies with richer institutional data … in health. This paper thereby advances our understanding of the role played by barriers to health in the poverty trap …