development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …

distribution has become particularly important in recent decades. We reconfirm the findings of the literature that global poverty …

The paper critically assesses prevailing measures of global poverty. A welfarist interpretation of global poverty lines … falling incidence of poverty globally over the last 30 years. This is mainly due to lower absolute poverty counts in the … standard. The vast bulk of poverty, both absolute and relative, is now found in the developing world …

The paper provides new measures of global poverty that take seriously the idea of relative-income comparisons but also … acknowledge a deep identification problem when the latent norms defining poverty vary systematically across countries. Welfare … model of relative-income comparisons calibrated to data on national poverty lines. Both bounds indicate falling global …

of poverty. In this paper, we discuss the framework used in economics to model parental investments and early childhood …

World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and … welfare. Using the official $1/day line, we estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0 … of the global poverty count in 2006 are much smaller than found by other researchers. We also find similar reductions in …