The authors develop a macroeconomic framework that captures links between aid, public investment, growth, and poverty … impact of policy shocks on poverty by linking the model to a household survey. They calibrate the model for Ethiopia and … should increase to reach the poverty targets of the Millennium Development Goals. …

for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally …

The author studies the links between macroeconomic adjustment and poverty. First, he summarizes some of the recent … evidence on poverty in the developing world. Second, he reviews the various channels through which macroeconomic policies … wages, employment, and poverty. Fourth, he presents cross-country regressions linking various macroeconomic and structural …