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Dramatic food price spikes in recent years have stimulated debate on the welfare implications of food price risk. According to the Food and Agriculture Organization of the United Nations, the number of undernourished people in sub-Saharan Africa rose to a record 265 million in 2009. There is a...
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Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
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poverty in the Member States of the European Union, using the first four waves (1994 - 1997) of the European Community … Household Panel (ECHP). In addition to this detailed consideration of the time dimension, poverty incidence, poverty gap and … poverty intensity are measured. Overall, the ranking across countries and dimensions is relatively robust. Denmark and …
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