rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …

estimates of the impact of adjustment on poverty using household income and expenditure surveys currently available in LDCs. It … proposes the use of decomposable poverty indices as a tractable vehicle for calculating the impact of adjustment on overall … poverty. This framework does require, however, reasonably disaggregated data on income distribution. …

Recent models with liquidity constraints and impatience emphasize that consumers use savings to buffer income …

to exist. It also predicts where formal insurance is likely to flourish: insurance groups that hold savings become more … Ethiopian funeral insurance groups and their members to motivate and test our model. Those which hold savings and collect …

relationship between aggregate fertility and household savings. First, we document that parents perceive children as an important … source of old-age support and that in partial equilibrium, increased fertility lowers household savings. Then, we construct … equilibrium effects can substantially overstate the effect of a change in aggregate fertility on households savings. …

Evidence on the effectiveness of financial education and formal savings account access is lacking, particularly for … shows the education plus account treatment increases bank savings relative to account-only. But survey-measured total … savings shows roughly equal increases across all treatment arms. Earned income also increases in all treatment arms. We find …