The paper simulates a double-sided competitive market in temporary work permits between the U.S. and Mexico. Eligible working-age Americans would have the option of renting out their implicit work permits while Mexican workers have remunerative new opportunities. With plausible allowances for...

The chapter critically reviews the methods available for the ex post counterfactual analysis of programs that are assigned exclusively to individuals, households or locations. The emphasis is on the problems encountered in applying these methods to anti-poverty programs in developing countries,...

How did we come to think that eliminating poverty is a legitimate goal for public policy? What policies emerged in the hope of attaining that goal? The last 200 years have witnessed a dramatic change in thinking about poverty. Mainstream economic thinking in the eighteenth century held that...

Policy-oriented discussions often assume that “better targeting” implies larger impacts on poverty or more cost-effective interventions for fighting poverty. The literature on the economics of targeting warns against that assumption, but evidence has been scarce and the lessons from the...

In Bangladesh, Grameen Bank puts banks in areas where gains from switching from farming to nonfarm enterprises favor the poor. Other banks put more weight on potential gains to the nonpoor. Ravallion and Wodon assess whether the placement of bank branches in Bangladesh responds to unexploited...