Showing 1 - 10 of 102
There has been much debate about how much poor people in developing countries gain from trade openness, as one aspect of"globalization."The author views the issue through both"macro"and"micro"empirical lenses. The macro lens uses cross-country comparisons and aggregate time series data. The...
Persistent link: https://www.econbiz.de/10005141830
The authors test how well consumption is insured against income risk in a panel of sampled households in rural China. They estimate the risk insurance models by Generalized Method of Moments, treating income and household size as endogenous. Insurance exists for all wealth groups, although the...
Persistent link: https://www.econbiz.de/10005079724
Theoretical work has shown that nonlinear dynamics in household incomes can yield poverty traps and distribution-dependent growth. If this is true, the potential implications for policy are dramatic: effective social protection from transient poverty would be an investment with lasting benefits,...
Persistent link: https://www.econbiz.de/10005079964
The authors use China's national household surveys for rural and urban areas to measure and explain the welfare impacts of the changes in goods and factor prices attributed to WTO accession. Price changes are estimated separately using a general equilibrium model to capture both direct and...
Persistent link: https://www.econbiz.de/10005128962
The authors assess the impact of Argentina's main social policy response to the severe economic crisis of 2002. The program aimed to provide direct income support for families with dependents, for whom the head had become unemployed due to the crisis. Counterfactual comparisons are based on a...
Persistent link: https://www.econbiz.de/10005134398
Comparing changes in inequality with initial levels, using new data, the author finds that within-country inequality in income or per capita consumption is converging toward medium levels--a Gini index around 40 percent. The finding is robust to allow for serially independent measurement error...
Persistent link: https://www.econbiz.de/10005030516
Does risk perpetuate poverty in a credit-constrained economy? Jalan and Ravallion study portfolio and other behavioral responses to measured risk using household panel data for rural China. One-quarter of wealth is held in unproductive liquid forms. But only a small share of this appears to be a...
Persistent link: https://www.econbiz.de/10005079517
The effect on the poor of changes in the price of staple foods is a central issue in debates on development policy. In the short run the rural rich are likely to gain, and the rural poor to lose, from an increase in the relative price of food staples in a food producing economy. However, in the...
Persistent link: https://www.econbiz.de/10005079823
This article is a commentary on a new book"Hunger and Public Action,"by authors Jean Dreze and Amartya Sen. The article compares the book's conceptual approach and policy recommendations to those of other recent writings on poverty and hunger. Researchers trying to understand the causes of a...
Persistent link: https://www.econbiz.de/10005079977
It is widely assumed that pervasive credit market failures mean that a person's current wealth is critical to whether or not that person can take up opportunities to start a new business. The authors show that inequality in wealth can be either good or bad for the level of entrepreneurship in an...
Persistent link: https://www.econbiz.de/10005128547