Tax data suggest that while inequality between countries has fallen dramatically, inequality within countries has risen. Household surveys point to much lower within-country inequality, but may suffer from underreporting of income. This column uses a new method to estimate the degree to which the rich report a lower fraction of income than the poor do, […]
The need to mitigate climate change has never been more urgent. Governments play a critical role in the green transition, through green public investment, subsidies, and implementing carbon pricing policies. This column uses a macro-climate model to examine the interplay between mitigation policies and fiscal sustainability considerations. It highlights a key trade-off between limiting transition […]
Cash transfer programs have significantly reduced poverty over the years. The World Bank’s Social Protection and Jobs (SPJ) Unit, in collaboration with ideas42 and the government of Ghana has enhanced these programs with cost-effective behavioral interventions. Supported by the Global Innovation Fund (GIF), ideas42 worked with the World Bank SPJ in Ghana to integrate behavioral designs into […]