43 Pages Posted: 3 Nov 2006
Date Written: October 31, 2006
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.
Keywords: Poverty, Development, Consumption Choices
JEL Classification: O10, O15, O16
Suggested Citation: Suggested Citation
Banerjee, Abhijit V. and Duflo, Esther, The Economic Lives of the Poor (October 31, 2006). MIT Department of Economics Working Paper No. 06-29. Available at SSRN: https://ssrn.com/abstract=942062 or http://dx.doi.org/10.2139/ssrn.942062
By Erica Field