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Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market … poor households. Whether raising minimum wages reduces poverty depends not only on whether formal sector workers lose jobs …
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. The paper underscores the principles of the poverty focus of social assistance and presents an overview of existence … evidence of first- and second-order effects of social assistance, particularly in the domains of poverty, education, health and …
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Using comparable fiscal incidence analysis, this paper examines the impact of fiscal policy on inequality and poverty … targeted at the rich. While fiscal policy always reduces inequality, this is not the case with poverty. Fiscal policy increases … poverty in 4 countries using a US$1.25/day PPP poverty line, in 8 countries using a US$2.50/day line, and in 15 countries …
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impact of financial literacy on poverty, which is a downstream welfare indicator. Consequently, we have constructed a … composite financial literacy index. Our results reveal that financial literacy plays an important role in reducing poverty. This …
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