Recent theoretical literature in development economics has shown that nonconvex production technologies can result in low-growth poverty traps. This article uses detailed microenterprise surveys in Mexico to examine the empirical evidence for these nonconvexities at low levels of capital stock....

Recent theoretical literature in development economics has shown that nonconvex production technologies can result in low-growth poverty traps. This article uses detailed microenterprise surveys in Mexico to examine the empirical evidence for these nonconvexities at low levels of capital stock....

The lack of credit is often mentioned as one of the major constraints facing small businesses. We use differences in the phasing in of a new lending program designed to serve clients of the largest snack food company in Mexico to identify the impact of credit on outcomes of small retail...

Using census data from Nepal we examine how the partial derivatives of predicted household welfare vary with parental education. We focus on fertility, child survival, schooling, and child labor. Female education is not as strongly associated with beneficial outcomes as is often assumed. Male...

Using detailed geographical and household survey data from Nepal, this article investigates the relationship between isolation and subjective welfare. We examine how distance to markets and proximity to large urban centers are associated with responses to questions about income and consumption...

This article investigates the relationship between poverty and crime. Following a disputed presidential election, fuel supply to the highlands of Madagascar was severely curtailed in early 2002, resulting in a massive increase in poverty and transport costs. Using original survey data collected...