A major of focus of global development policy is the aim to achieve and sustain income growth of the bottom 40% (B40) of the population at a rate higher than the national average. We propose an alternative approach to assessing shared prosperity using 'inequality lines'. Analogous to poverty...

A major of focus of global development policy is the aim to achieve and sustain income growth of the bottom 40% (B40) of the population at a rate higher than the national average. We propose an alternative approach to assessing shared prosperity using 'inequality lines'. Analogous to poverty...

In this paper we provide new evidence on the causal effect of education on adult depression and cognition. We use SHARE data and schooling reforms in several European countries as instruments for educational attainment. We find that an extra year of education has a large and significant...