The authors estimate changes in the distribution of household consumption expenditure in Namibia since Independence in 1990 and the effects on poverty. To produce comparability between two household surveys, they use survey matching techniques and apply the framework of stochastic dominance to...

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The U.S. economy is monopolizing global net savings, i.e., about two-thirds of the total. Other rich countries, such as Japan and Germany, oil exporters, such as Saudi Arabia, middleincome countries, such as China, and even some low-income countries, such as India and Indonesia, export capital...

In light of research that has argued that the income elasticity of nutrition is low, the goal of a new generation of cash transfer programmes to boost the nutrition of poor families' children may seem surprising. This observation applies especially to South Africa's unconditional Child Support...