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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29340 |
来源ID | Working Paper 29340 |
Why do people stay poor? | |
Clare A. Balboni; Oriana Bandiera; Robin Burgess; Maitreesh Ghatak; Anton Heil | |
发表日期 | 2021-10-11 |
出版年 | 2021 |
语种 | 英语 |
摘要 | There are two broad views as to why people stay poor. One emphasizes differences in fundamentals, such as ability, talent or motivation. The other, the poverty traps view, differences in opportunities which stem from access to wealth. To test between these two views, we exploit a large-scale, randomized asset transfer and an 11-year panel on 6000 households who begin in extreme poverty. The setting is rural Bangladesh and the asset is cows. The data supports the poverty traps view - we identify a threshold level of initial assets above which households accumulate assets, take on better occupations (from casual labor in agriculture or domestic services to running small livestock businesses) and grow out of poverty. The reverse happens for those below the threshold. Structural estimation of an occupational choice model reveals that almost all beneficiaries are misallocated in the work they do at baseline and that the gains arising from eliminating misallocation would far exceed the program costs. Our findings imply that large transfers which create better jobs for the poor are an effective means of getting people out of poverty traps and reducing global poverty. |
主题 | Health, Education, and Welfare ; Poverty and Wellbeing ; Labor Economics ; Labor Supply and Demand ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w29340 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587014 |
推荐引用方式 GB/T 7714 | Clare A. Balboni,Oriana Bandiera,Robin Burgess,et al. Why do people stay poor?. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29340.pdf(1068KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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