This article analyzes poverty reduction policies in an applied optimal growth framework. Assuming that poverty reduction is effected through redistribution, it focuses on the static and dynamic tradeoffs between equity and efficiency and on the choice between current income and future income (that is, current productive asset) transfers to the poor. By numerically estimating a stylized economy, it is shown that, given reasonable assumptions about...
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INFORMATION
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1991/05/31
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Article de revue
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14228
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1
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1
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2010/07/01
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Optimal poverty reduction, adjustment, and growth
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current income
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