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Full-Text Articles in Social and Behavioral Sciences
Poverty, Inequality And Cost Of Living Differences, Enrico Moretti
Poverty, Inequality And Cost Of Living Differences, Enrico Moretti
University of Kentucky Center for Poverty Research Discussion Paper Series
Metropolitan areas in the US are characterized by enormous differences in average income, earnings, and factor productivity. The income of individuals located in metropolitan areas at the top of the income distribution is more than double the income of observationally similar individuals located in metropolitan areas at the bottom of the distribution. These differences reflect, at least in part, variation in local productivity.
Notes On Poverty Traps And Appalachia, Steven Durlauf
Notes On Poverty Traps And Appalachia, Steven Durlauf
University of Kentucky Center for Poverty Research Discussion Paper Series
In these notes, I provide some general ideas on how to conceptualize poverty traps and speculate on their applicability to understanding Appalachian poverty. My goal is to stimulate thinking on Appalachia that exploits contemporary perspectives in economics on the sources of persistent poverty and inequality. To do this, I focus on both the theory of poverty traps as well as issues in the econometric assessment of their empirical salience.