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This paper is a review of the post-war literature on income distribution and development. It argues that the literature has cycled from one consensus to another, responding to emerging policy issues and new analysis. On the basis of the review, the paper identifies five areas that will command...
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, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate … of growth, due to poverty traps, often examined at the microeconomic level. Testing a model of poverty change on a panel … of data for more than 80 countries from 1981 to 2005, we find that income instability results in a lower poverty …
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Inequality: A Review of the Empirical Evidence -- The Measurement of Poverty -- Does Economic Growth Reduce Absolute Poverty? A …
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