small impacts on mean consumption and inequality in the aggregate. There are both gainers and losers and (contrary to past … inequality into a"vertical"component (between people at different pre-reform welfare levels) and a"horizontal"component (between …

clouded by concerns about the structure of measurement errors and how latent psychological factors influence observed …

, this paper reviews the evidence on levels and recent trends in global poverty and income inequality. It documents the … negative correlations between both poverty and inequality indices, on the one hand, and mean income per capita on the other. It … global inequality in the last decades is also described, with special emphasis on the different trends of inequality within …

Differing value judgments in measuring inequality underlie the conflicting factual claims about how much poor people … relative inequality versus absolute inequality, vertical inequalities versus horizontal inequalities, and whether they are … consistently individualistic in assessing the extent of inequality. The value judgments on these issues made by both sides need …

Do the poor face the same prospects for escaping poverty in high-inequality developing countries as in low-inequality … countries? Is it possible for inequality to be so great as to stifle prospects of reducing absolute poverty, even when other … distribution does affect how much the poor share in rising average incomes. Higher initial inequality tends to reduce growth …

-poor (including the role played by both initial inequality and changing inequality), and whether the factors that make the …

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 …