, 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 …

and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect. …

This paper looks into the interrelation between economic growth, inequality, and poverty. Using the notion of pro … reduction in poverty is monotonically an increasing function of the pro-poor growth measure. This paper proposes a pro …-poor growth measure that satisfies the monotonicity criterion. This measure is called the ‘poverty equivalent growth rate’, which …

persistence of poverty and possible aggregate economic inefficiencies. We propose a microeconomic formalization of one possible … definition of poverty and of the behaviour of poor and rich agents. Poverty is defined as lack of or low societal participation …, which is source of both a direct private benefit and an indirect gain. Analysing poverty under the individual rational …