The Economic Lives of the Poor
Abhijit V. Banerjee
Massachusetts Institute of Technology (MIT) - Department of Economics
Massachusetts Institute of Technology (MIT) - Department of Economics; Abdul Latif Jameel Poverty Action Lab (J-PAL); National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR); Bureau for Research and Economic Analysis of Development (BREAD)
CEPR Discussion Paper No. 5968
This paper uses survey data from 13 countries to document the economic lives of the poor (those living on less than $2 dollar per day per capita at purchasing power parity) or the extremely poor (those living on less than $1 dollar per day). We describe their patterns of consumption and income generation as well as their access to markets and publicly provided infrastructure. The paper concludes with a discussion of some apparent anomalous choices.
Number of Pages in PDF File: 44
Keywords: Consumption choices, development, poverty
JEL Classification: O10, O15, O16working papers series
Date posted: January 5, 2007
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