Major investments in infrastructure rehabilitation have been undertaken by govemments, development banks and donors in developing countries in recent decades. In Sub-Saharan Africa roaddeterioration isperceivedtobeoneofthemaincausesforthelimitedsupplyresponseafter price liberalization in...

Income fluctuations cause low-income families to cycle in and out of eligibility for food assistance. Twenty-eight percent of U.S. households with children experienced at least one monthly income change in the late 1990s that put them above or below the eligibility criteria for many programs....

Textbook analysis tells us that in a competitive labor market, the introduction of a minimum wage above the competitive equilibrium wage will cause unemployment. This paper makes two contributions to the basic theory of the minimum wage. First, we analyze the effects of a higher minimum wage in...