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development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …
Persistent link: https://www.econbiz.de/10010522996
that both Black and Hispanic households made remarkable progress in terms of mean and median retirement income, poverty … projected poverty rate rising, and the projected replacement rate falling, though expected mean retirement income does rise …. Hispanics also experienced a setback in mean retirement income but continued progress in replacement rates and reducing poverty …
Persistent link: https://www.econbiz.de/10014337766
How do aspirations influence investment decisions for people living in poverty? Does this change as peoples economic … similar effects to cash alone, potentially because cash raises aspirations. Thus, helping people living in poverty set higher …
Persistent link: https://www.econbiz.de/10014372492
distribution has become particularly important in recent decades. We reconfirm the findings of the literature that global poverty …
Persistent link: https://www.econbiz.de/10014512057
political debate surrounding poverty. Policy changes included a radical shift in welfare policy, a sizable expansion in supports … plummeted, work rose dramatically among single parents, and poverty was reduced. At the same time, there are indications that …
Persistent link: https://www.econbiz.de/10012470282
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 …
Persistent link: https://www.econbiz.de/10012470471
In response to the widespread consensus on the importance of social capital, and to concerns about the scarcity of institutions giving voice to disadvantaged groups, some donors have begun programs designed to strengthen indigenous community organizations. We use a prospective, randomized...
Persistent link: https://www.econbiz.de/10012470841
, including welfare participation, labor market involvement, earnings, income and poverty, and family formation. While no single … family earnings. The result was a rise in total family income and a decline in poverty. The gains from the 1996 reforms were …
Persistent link: https://www.econbiz.de/10012471144
in the paper, providing an income guarantee for all elderly individuals that is equal to the poverty line, increases … substantially greater effects on poverty if participation rates were increased …
Persistent link: https://www.econbiz.de/10012471195
The recent financial crisis in Indonesia has resulted in dramatic price increases. Using very recent data, we investigate whether these price increases have impacted the cost-of-living of poor households in a disproportionately harsh way. We find that the poor have indeed been hit hardest. Just...
Persistent link: https://www.econbiz.de/10012471594