We consider a situation where the relatively ‘poor’ are concerned about their relative income status with respect to a relevant reference group. Such a concern is explicitly introduced in a utility function to study the consumption and saving behavior of the poor in terms of a static and...

The existing literature on poverty has discussed about the conflict between income-based measure and nutrition-based measure. However, the role of social inequality in influencing individual’s consumption and inducing greater consumption of the so called status good has been relatively...

The conflict between the income based and nutrition based estimates of poverty is a widely debated issue in economic literature. This paper, using a two commodity framework, attempts to show that in presence of inequality, a status driven utility function can reconcile the conflict between the...

This paper presents a basic profile and analysis of the correlates of poverty in the Central African Republic using data from the Central African survey for the monitoring and evaluation of well-being conducted in 2008 by the Central African Institute of Statistics and Economic and Social...

In presence of inequality a status driven utility function reconciles the conflict between income based and nutrition based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in the developing countries. The result is independent of the...

This paper provides a profile and an analysis of the correlates of poverty in the Republic of Congo using a 2005 household survey. Poverty affects more than half of the population, especially in peri-urban and rural areas. Perceptions of poverty as well as the correlates of poverty are also...

This paper analyzes the trend in, and determinants of poverty in Mali from 2001 and 2006. Thanks to strong economic growth, poverty has been reduced. Yet due to demographic growth, the number of the poor is still increasing. Households working in agriculture, especially in the cotton producing...

This paper provides comparable estimates of poverty in Senegal from 1994 to 20076 using household surveys (ESAM I, ESAM II, and ESPS). Nationally, the share of the population in poverty was reduced from 67.9% in 1994/95 to 57.1% in 2001/02, and finally 50.8% in 2005/06. Poverty was reduced more...

The purpose of this paper is to propose a model where trade has a direct and positive impact on growth rate of two trading nations beyond the level effect. We use the idea of virtual trade in intermediates induced by non- overlapping time zones and show how trade can increase the equilibrium...

The President and the Government of Liberia have placed a strategic priority on youth employment and have asked development partners for support in these areas. The Office of the President, the government, and development partners have undertaken over the last two years several steps to generate...