Economic reforms in Tanzania have resulted in low inflation and solid economic growth, but many observers question whether the standard of living of ordinary Tanzanians has improved. Furthermore, there is a strong suspicion that the benefits have been concentrated among the urban population and...

One of the most common criticisms of currency devaluation is that it causes disproportionate suffering among the poor. This study examines the distributional impact of price changes associated with devaluation in Rwanda using a simplified household-firm model based on household budget data. The...

Our purpose is to present in detail numerical methods of measuring the value of nonmarket goods using market data, under either weak neutrality, weak complementarity, or any other preference restriction meeting the requirements discussed in this paper. It has been claimed in a number of places...