of household incomes allowing for endogenous attrition. Our estimates for Hungary and Russia in the 1990s reveal … significant nonlinearity in the dynamics, consistent with the claim that income inequality attenuates growth in mean income …We test for the existence of poverty traps and distribution-dependent growth using a nonlinear dynamic panel data model …

protection. Development strategies today typically strive for a virtuous cycle of growth with equity and a range of policy …

The idea that developing countries face a trade off between poverty and inequality has had considerable influence on … systematic trade off between measures of absolute poverty and relative inequality. Indeed, falling inequality tends to come with … falling poverty incidence. And rising inequality appears more likely to be putting a brake on poverty reduction than to be …

current inequality reduces growth in mean incomes. … distribution-dependent growth. The potential implications for policy are dramatic: effective social protection from transient … poverty will be an investment with lasting benefits, and pro-poor redistribution will promote aggregate economic growth. We …