We examine the effect of large cash transfers on the consumption of food by poor households in rural Mexico. The transfers represent 20% of household income on average, and yet, the budget share of food is unchanged following receipt of this money. This is an important puzzle to solve,...

The present study aims to verify whether the balance-of-payments constrained growth approach is suitable for explaining the Portuguese growth performance during the last decades. For that, we adopt "Thirlwall's Law" that predicts actual growth by the ratio of the exports growth relative to the...

Elasticities of labor income in relation to minimum wage in Brazil: The experience in a period of high increase of minimum wage - In the last decade minimum wage showed a high growth while average labor income suffered a fall. This apparently incoherent result motivated this article on the...

The relationship between calorie and nutrient (fat, protein, and carbohydrates) intake as a function of income is explored using data for 171 countries over two time periods 1990-1992 and 2003-2005. Three types of analysis are employed: i) nonparametric, ii) panel regressions, and iii) quantile...