The Economics of Poverty Traps

The Economics of Poverty Traps PDF Author: Christopher B. Barrett
Publisher: University of Chicago Press
ISBN: 022657430X
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms—not just financial, but also environmental, physical, and psychological—that may contribute to the persistence of poverty all over the world. The research in this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.

The Economics of Poverty Traps

The Economics of Poverty Traps PDF Author: Christopher B. Barrett
Publisher: University of Chicago Press
ISBN: 022657430X
Category : Business & Economics
Languages : en
Pages : 425

Get Book Here

Book Description
What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms—not just financial, but also environmental, physical, and psychological—that may contribute to the persistence of poverty all over the world. The research in this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.

The Unemployment Trap

The Unemployment Trap PDF Author: Mateo Alaluf
Publisher: Manhattan Publishing Company
ISBN:
Category : Business & Economics
Languages : en
Pages : 76

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Book Description
This report defines the social exclusion process by examining long-term unemployment and educational deficiencies in Europe and assessing the scope and effectiveness of the steps taken by the governments concerned to deal with the problem. Chapter I looks at education and prolonged unemployment in six countries that reflect the range of European experience--Belgium, France, Portugal, Spain, Sweden, and the United Kingdom. Chapter II considers the countries individually from the point of view both of the extent of long-term unemployment and of the steps taken to limit its effects. Chapter III outlines the main features of long-term unemployment, while chapter IV reviews the types of measures introduced in the different countries and assesses the impact of national policies. Chapter V looks at the problems associated with lack of education and training and with illiteracy, chapter VI sets the problems in the context of the labor market, and chapter VII in that of economic policy options. The final chapter discusses the relationship between educational deficiencies and long-term unemployment. The aim is to identify both the ways in which social exclusion operates and the role of public policy in this area. (Contains 50 references.) (YLB)

The High Unemployment Trap

The High Unemployment Trap PDF Author: Gilles Saint-Paul
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 56

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Book Description


Unemployment Traps and Poverty Traps

Unemployment Traps and Poverty Traps PDF Author:
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 72

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Book Description


The Lure of Big Industry Technology and the Unemployment Trap

The Lure of Big Industry Technology and the Unemployment Trap PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 48

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Book Description


Unemployment Traps

Unemployment Traps PDF Author: Peder J. Pedersen
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 40

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Book Description


A Rational Inattention Unemployment Trap

A Rational Inattention Unemployment Trap PDF Author: Martin Ellison
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 46

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Book Description
We show that introducing rational inattention into a model with uninsurable unemployment risk can generate multiple steady states, when the same model with full information has a unique steady state. The model features heterogeneity and persistence in household labour market expectations, consistent with survey evidence. In a heterogeneous agent New Keynesian model, we find that rational inattention to the future hiring rate generates a high employment steady state with moderate inflation, and an unemployment trap with very low (but positive) inflation and a low job hiring rate.

Learning of General Equilibrium Effects and the Unemployment Trap

Learning of General Equilibrium Effects and the Unemployment Trap PDF Author: Hans Gersbach
Publisher:
ISBN:
Category :
Languages : en
Pages : 40

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How to Get Out from an Unemployment Trap

How to Get Out from an Unemployment Trap PDF Author: Khushbu Jain
Publisher:
ISBN: 9789395697163
Category : Fiction
Languages : en
Pages : 0

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Book Description
The book How to Get Out of an Unemployment Trap is an Indian first book that was written after the lockdown happened all over the world. With the COVID crisis, people have also faced difficulties in their jobs. While some of the people might find the solution of money, some were still struggling, and on that basis, the author has written the book for such unemployed ones. We have all seen the journey of a job seeker, but the journey of the unemployed goes longer and longer until they don't find any income source. Under that, the unemployed face such an unrealistic situation. Who has the guarantee of their job that when will be the last day of their employment with the company?

Escaping the Unemployment Trap

Escaping the Unemployment Trap PDF Author: Christian Merkl
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description