Despite the increasing awareness concerning the importance of distinguishing chronic and transient poverty for policy making, cross-country comparative studies of poverty dynamics in developing countries are virtually non-existent. The small, though increasing, number of existing studies makes...

How has poverty changed during the 1997-99 period, when the Peruvian economic performance deteriorated seriously under the negative impact of the international financial crisis? The answer to this question has traditionally relied on cross-section comparisons of poverty indicators. In this paper...