This article examines the causal relationship between foreign aid, poverty, and economic growth in 82 developing … relationship between economic growth and poverty; (b) a unidirectional causal relationship from economic growth to foreign aid; and … (c) unidirectional causality from poverty to foreign aid. In the long-run, the study found that (a) foreign aid tends to …

This paper uses cross-country and panel data set to test the significance of microfinance on income inequality … microfinance in reducing inequality at the macro level. Moreover, our results suggest that microfinance loans can lead to improve … recommendations to policymakers, as they could generate suitable strategies to consider microfinance institutions as a more popular …

This paper examines the impact of severe wildfire events on Bolivia's poverty and labor market outcomes. We use a panel … Interactive Fixed Effects Counterfactual Estimator, we estimate the causal effects of severe wildfire events on poverty, household … per-capita income, and the agricultural sector. We find a significant short-term increase in poverty explained by a …

Previous research has found that subjective well-being (SWB) is lower for individuals classified as being in poverty … with the state-level poverty ratio while controlling for individual poverty status and poverty intensity. The negative … relationship between aggregate poverty and SWB is more salient in the upper segments of the income distribution and is robust to …

We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use … satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …

Previous research has found that subjective well-being (SWB) is lower for individuals classified as being in poverty … with the state-level poverty ratio while controlling for individual poverty status and poverty intensity. The negative … relationship between aggregate poverty and SWB is more salient in the upper segments of the income distribution and is robust to …

We investigate the accuracy of ex ante assessments of vulnerability to income poverty using cross-sectional data and … vulnerability predictions is limited even when panel data are used. In part this low accuracy is due to low poverty incidence and … high mobility in and out of poverty. …