The pace of poverty reduction through growth vs. redistribution is at the heart of current debates on equitable development. In this paper, we argue that empirical poverty decompositions should build in the inherent boundedness of the poverty headcount ratio directly. As a solution, we propose a...

Poverty reduction remains a cornerstone of development policy. Increasingly, this focus is complemented with concerns about the potential negative economic and social impact of inequalities or relative poverty. This is evident in the new Sustainable Development Goals, which introduced a new...

We review the origins of the dollar-a-day poverty line, discuss historical poverty and inequality trends, and forecast poverty rates until 2030 using a new fractional response approach. Three findings stand out. First, global poverty reduction since 1981 has been rapid but regional trends are...

This paper investigates to what extent Russian households have been able to protect their consumption against income shocks during the transition and whether the ability to smooth consumption is related to poverty. We use the cross-section and panel dimensions of the Russian Longitudinal...