Journal Article
The Quarterly Journal of Economics:
Why Do People Stay Poor?
Clare Balboni, Oriana Bandiera, Robin Burgess, Maitreesh Ghatak and Anton Heil
There are two broad views as to why people stay poor. One emphasizes differences in fundamentals, such as ability, talent, or motivation. The poverty traps view emphasizes differences in opportunities that stem from acce...Read more...