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Eighty percent of the Latin American population is now urban, but the urbanization process has been accompanied by greater inequality and social segregation. To address urban exclusion, the idea of ‘the right to the city’ is increasingly being endorsed by international organizations and...
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The paper studies the role of subsitence thresholds in the emergence of poverty traps, in a two-country overlapping generations model. If consumption is lower than the subsitence level, people may die after the first period of their life. Given the presence of a survival threshold, and given a...
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