Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...

We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital through a combination of the quality of child-rearing and formal schooling. The existence of multiple steady states is established, including a poverty trap, wherein children work...

Growth has been high and widespread in the last decade in Africa. Whether this shift in Africa's fortune has impacted poverty has been a subject of controversy. This paper brings into focus recent evidence on the pace of poverty reduction in Africa and addresses whether or not previously held...