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The Macroeconomics of Poverty Reduction

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Author Info
P R Agénor

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Abstract

This paper puts in perspective the recent research on the macroeconomics of poverty reduction. It begins by arguing that research on poverty was, and continues to be, distorted by an excessive focus on micro and measurement issues. The debate on "pro-poor growth" is used to illustrate the extent of this bias. Next, it provides a review of the transmission channels of macroeconomic policies to the poor, with particular emphasis on the role of the labor market. It then presents a new class of theoretical and applied macroeconomic models for poverty analysis. It concludes by identifying directions for future research.

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File URL: http://www.socialsciences.manchester.ac.uk/cgbcr/dpcgbcr/dpcgbcr43.pdf
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Publisher Info
Paper provided by Economics, The Univeristy of Manchester in its series Centre for Growth and Business Cycle Research Discussion Paper Series with number 43.

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Length: 86 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:man:cgbcrp:43

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This paper has been announced in the following NEP Reports: Cited by:
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  1. Mathew Kofi Ocran, 2007. "A Modelling of Ghana's Inflation Experience: 1960–2003," Research Papers RP_169 Key words: Ghana, , African Economic Research Consortium. [Downloadable!]
  2. Mathan Satchi & Jonathan Temple, 2009. "Labor Markets and Productivity in Developing Countries," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(1), pages 183-204, January. [Downloadable!] (restricted)
    Other versions:
  3. Paul Mosley, 2007. "The ‘political poverty trap’: Bolivia 1999-2007," WEF Working Papers 0020, ESRC World Economy and Finance Research Programme, Birkbeck, University of London. [Downloadable!]
  4. Gutierrez, Catalina & Orecchia, Carlo & Paci, Pierella & Serneels, Pieter, 2007. "Does employment generation really matter for poverty reduction ?," Policy Research Working Paper Series 4432, The World Bank. [Downloadable!]
  5. Mathan Satchi & Jonathan Temple, 2006. "Growth and labour markets in developing countries," Bristol Economics Discussion Papers 06/581, Department of Economics, University of Bristol, UK. [Downloadable!]
    Other versions:
  6. Agenor, Pierre-Richard & Bayraktar, Nihal & Pinto Moreira, Emmanuel, 2006. "Linking public investment programs and SPAHD macro models : methodology and application to aid requirements," Policy Research Working Paper Series 3944, The World Bank. [Downloadable!]
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