This paper identifies the negative consequences of the strongest tropical storm ever to strike Guatemala on household welfare. Per capita consumption fell in urban areas, raising poverty substantially. Households cut back on food consumption and basic durables, and attempted to cope by...

Inflation is typically measured using aggregate price indices that are based on bundles of goods and services sold or consumed by the "median” agent. In the case of households, in particular, budget shares vary substantially across income and demographic groups. Assessing how inflation behaves...

This paper estimates the effect of enrollment in a large scale anti-poverty program in Colombia, Familias en Accion, on intent to vote, turnout and electoral choice. For identification the analysis uses discontinuities in program eligibility and variation in program enrollment across voting...

This paper combines official subnational and remote-sensed data to uncover the relationships between business cycles in Turkiye and the corresponding changes in economic activity at lower levels of spatial aggregation. The objective is to document changes in the nature of growth within and...

This paper combines official subnational and remote-sensed data to uncover the relationships between business cycles in Türkiye and the corresponding changes in economic activity at lower levels of spatial aggregation. The objective is to document changes in the nature of growth within and...

This paper describes the inequality experience of East Asia beginning around 1960 and explores whether that experience is consistent with alternative theories about the determinants of income inequality. Particular emphasis is placed on the implications of rapid economic growth and rapid...

Many countries experienced a rema rkable increase in life expectancy during the 20th century, but the development implications have received only modest attention. We analyze steady state and out-of-steady-state effects of the transition in adult longevity on the national saving rate using an...

This book is a collection of papers by leading scholars whose research concerns economic transfers between generations. The issues addressed have great relevance to demographic issues, particularly the determination of fertility, to economic issues, including equity and growth, and to public...