We introduce a new, integrated regression-based approach for decomposing inequality indices with household-level data, and we examine the strengths and weaknesses of inequality decompositions by income source in light of the way that they are commonly interpreted. The approach uses estimated...

Economic reform is difficult to carry out because it often undercuts teh status and economic advantage of the rank-and-file officials to whom authorities must turn to implement market-based changes. Drawing on new longitudinal data collected between 1991 and 1994 in a representative rural county...

Leadind advocates for microfinance have put forward an enticing "win-win" proposition: microfinance institutions that follow the principles of good banking will also be those that alleviate the most poverty. A key tenet is that poor households demand access to credit, not cheap credit. This...