automatically forthcoming and mitigate macroeconomic problems such as financial instability, unemployment, inflation, and poverty. …

and poverty, by making subsistence payoffs less widespread. A case exists, however, in which it both lowers output per … capita and raises poverty in the long run. The key to micro-credit's long-run effects is found to be the "graduation rate …

The paper uses a micro-simulation computable general equilibrium (CGE) model to study the impact on poverty of a … complete removal of tariffs in Zimbabwe. The model incorporates 14006 households derived from the 1995 Poverty Assessment Study … of poverty. The complete removal of tariffs favours exporting sectors. Poverty falls in the economy while inequality …

elasticity being about -0.24. There are striking differences in the impact by social group. Slicing the data by gender, birth …

The present paper examines a simple extension of the standard labour supply model in which a poverty level is …

When evaluating poverty, the relative poverty line may be considered as a percentage of the median income or it may be … a percentage of the average income. It is proved that, with a poverty line relative to the median income, reducing … poverty may become less costly in proportion to the total income as poverty increases (measured by the Sen, the Sen …

states and a poverty trap. The paper considers the long-run and short-run effects of an array of policies like enrollment …