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The Economics of Poverty Traps
Title
The Economics of Poverty Traps / ed. by Christopher B. Barrett, Michael R. Carter, Jean-Paul Chavas, Michael Carter.
ISBN
9780226574448
Publication
Chicago : University of Chicago Press, [2019]
Copyright Notice Date
©2018
Physical Description
1 online resource (464 p.) : 66 line drawings, 33 tables
Local Notes
Access is available to the Yale community.
Notes
In English.
Access and use
Access restricted by licensing agreement.
Summary
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.
Variant and related titles
De Gruyter University Press eBook pilot project 2018.
Format
Books / Online
Language
English
Added to Catalog
June 09, 2022
Series
National Bureau of Economic Research Conference Report
Contents
Frontmatter
Contents
Acknowledgments
Introduction
I. Nutrition, Health, and Human Capital Formation
1 Human Capital and Shocks. Evidence on Education, Health, and Nutrition
2. Poverty and Cognitive Function
Comment on Chapters 1 and 2
II. Psychology of Poverty, Hope, and Aspirations
3. Depression through the Lens of Economics. A Research Agenda
4. Hope as Aspirations, Agency, and Pathways. Poverty Dynamics and Microfinance in Oaxaca, Mexico
Comment on Chapters 3 and 4
III. Imperfect and Incomplete Financial Markets
5. Taking Stock of the Evidence on Microfinancial Interventions
6. Poverty Traps and the Social Protection Paradox
IV. Dynamics and Resilience in Natural Resources and Agriculture
7. Heterogeneous Wealth Dynamics. On the Roles of Risk and Ability
8. Agroecosystem Productivity and the Dynamic Response to Shocks
Comment on Chapters 7 and 8
V. Policy in the Presence of Poverty Trap Mechanisms
9. Sustaining Impacts When Transfers End. Women Leaders, Aspirations, and Investments in Children
10. Can Cash Transfers Help Households Escape an Intergenerational Poverty Trap?
Comment on Chapters 9 and 10
Contributors
Author Index
Subject Index
Subjects
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