"The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate … simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of … development. They then use these models to assess the empirical relevance of poverty traps and their consequences for policy. The …

The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate … simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of … development. They then use these models to assess the empirical relevance of poverty traps and their consequences for policy. The …

This paper examines the empirical evidence in support of the poverty trap view of underdevelopment. We calibrate simple … aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of development …. We then use these models to assess the empirical relevance of poverty traps and their consequences for policy. We find …

impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty …

work on economic poverty. Use of this general class of measures, however, presupposes a dimension of well-being that, like … from the literature on economic poverty, and demonstrates that the ordinal FGT measures indeed satisfy these core axioms …. Moreover, new dominance conditions, which allow for poverty rankings that are robust with respect to the choice of poverty line …

The view of poverty as a multidimensional phenomenon has swiftly become mainstream. However, the debate remains open as … to how such ‘multidimensional poverty' should be assessed in practical settings, particularly when identifying the … beneficiaries of poverty alleviation programmes. This paper develops a novel empirical approach that explicitly takes into account …