Power laws are pervasive in economics and social sciences, particularly in the upper tails of distributions such as wealth, income, firm size, and city populations. Their scale-free property makes them a universal framework to understand phenomena spanning several orders of magnitude. This...

Recent technological advances and policy initiatives present Africa with enormous growth potential from participating in global value chains (GVCs). However, the widening income inequality is raising questions as to whether participation in GVCs plays any role in this observed phenomenon....

This report describes patterns of co-residence of young adults at a parental home in the United Kingdom. We show how the rate of co-residence varies across dimensions such as income, region and ethnicity. We show how it has changed in recent years and discuss potential drivers of the rise...

Zambia is simultaneously amongst the poorest and the most unequal countries in the world. In 2022, 64.3 percent of the population - about 12.6 million individuals - was living on less than US$2.15 a day. This level is not only the 6th highest in the world but it is also misaligned with the...

Panamá ha sido uno de los países de más rápido crecimiento en la región, con una rápida expansión económica acompañada de una importante reducción de la pobreza. Impulsada por la inversión pública y privada, así como por la acumulación de mano de obra, la economía panameña...

Esta Evaluación de la Pobreza y la Equidad en México revisa la evidencia sobre la pobreza y la equidad en México durante las últimas dos décadas, la compara con la experiencia internacional comparable e identifica un conjunto de áreas críticas de intervención política para responder a...

Improving domestic revenue mobilization extremely important for Zimbabwe to create the fiscal space to absorb quasi-fiscal expenditures and support macroeconomic stability. In November 2023, Zimbabwe announced measures to raise additional tax revenue. This included limiting value-added tax (VAT)...