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We consider a situation where the relatively ‘poor’ are concerned about their relative income status with respect to a relevant reference group. Such a concern is explicitly introduced in a utility function to study the consumption and saving behavior of the poor in terms of a static and...
Persistent link: https://www.econbiz.de/10011259208
This paper analyzes the trend in, and determinants of poverty in Mali from 2001 and 2006. Thanks to strong economic growth, poverty has been reduced. Yet due to demographic growth, the number of the poor is still increasing. Households working in agriculture, especially in the cotton producing...
Persistent link: https://www.econbiz.de/10008777061
This paper provides comparable estimates of poverty in Senegal from 1994 to 20076 using household surveys (ESAM I, ESAM II, and ESPS). Nationally, the share of the population in poverty was reduced from 67.9% in 1994/95 to 57.1% in 2001/02, and finally 50.8% in 2005/06. Poverty was reduced more...
Persistent link: https://www.econbiz.de/10008777063
The impact of education on earnings and thus on poverty works largely through labour market. Along with some other socio economic factors, education does play a crucial role to alleviate poverty. Better educated people has greater probability of being employed, are economically more productive...
Persistent link: https://www.econbiz.de/10011114000