The Two Poverties

By Abhijit Banarjee. 2000

129 citations recorded by the source corpus.

How researchers see this paper

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Economic Decision-Making in Poverty Depletes Behavioral Control (2011, background): “Banerjee (2000) detailed theoretically that poverty might change behavior either by making the poor desperate, or by leaving them vulnerable.”
Rural Poverty (2009, background): “See Banerjee (2003) for a formal poverty-trap model building on this idea. 16. For a helpful review of targeted transfers and safety nets, see Ravallion (2003). For a review of a broad set of means of offering “insurance” to the poor, see Dercon (2003) and the contributions therein. Of particular in”
Underinvestment in a Profitable Technology: The Case of Seasonal Migration in Bangladesh (2014, methodology): “The model is related to the “poverty as vulnerability” view (Banerjee 2004) – that the poor cannot take advantage of profitable opportunities because they are vulnerable and afraid of losses (Kanbur 1979; Kihlstrom and Laffont 1979; Banerjee and Newman 1991).”
Poor but rational (2004, background): “The poor are different because they are desperate (Banerjee, 2001): Having nothing to lose, they cannot be made fully responsible for their actions.”
Vulnerability: A Micro Perspective (2006, background): “, 2004, and Dercon, Hoddinott and Woldehanna (2005).”