DP5968 The Economic Lives of the Poor
|Author(s):||Abhijit Banerjee, Esther Duflo|
|Publication Date:||December 2006|
|Keyword(s):||consumption choices, development, poverty|
|JEL(s):||O10, O15, O16|
|Programme Areas:||Public Economics, Development Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=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.