, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate … of growth, due to poverty traps, often examined at the microeconomic level. Testing a model of poverty change on a panel … of data for more than 80 countries from 1981 to 2005, we find that income instability results in a lower poverty …

least three different perspectives. A macroeconomic approach that relies on cross-country data on poverty, inequality, and … microeconomic approach, in particular, builds on the observation that growth, changes in poverty, and changes in inequality are …