Robert Allen’s recent AER paper on “Absolute Poverty: When Necessity Displaces Desire” is a fascinating read, on many levels. The paper uses linear programming (LP) to compute (four variants of)…

Francisco Ferreira |

“Test and punish”? There’s a debate raging in American schools today: how (and how much) should children be tested? The No Child Left Behind (NCLB) Act created a system where all children in all…

Rafael de Hoyos, Peter Holland |

This year’s global poverty update from the World Bank is a minor one. Until reference year 2008, the World Bank published new poverty estimates every three years, and between 2010 and 2013 we…

Francisco Ferreira, Christoph Lakner, Carolina Sánchez-Páramo |

“Individuality is the product of both biological inheritance and personal experience, ” said Professor Charles A. Nelson during a recent presentation at the World Bank. Professor Nelson has been…

Magdalena Bendini |

The rate of change in human development outcomes varies considerably across countries over long periods of time, as reflected in the two histograms below (Figure 1). For 78 countries in the period…

Youssouf Kiendrebeogo |

En la Argentina de hoy, la población en edad de trabajar crece más rápido que la población total.  Este patrón, conocido como el bono demográfico, es una gran oportunidad de generación de riqueza…

Rafael Rofman, Eduardo Levy Yeyati |