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Welfare effort and poverty from the monetary and capabilities approach: A cross-country analysis in Latin American and the Caribbean (1990-2010) [Esfuerzo de bienestar y pobreza desde el enfoque monetarista y de capacidades: Análisis transnacional en América Latina y el Caribe (1990-2010)]
There is abundant empirical evidence on the negative relationship between welfare effort and poverty. However, poverty indicators traditionally used have been representative of the monetary approach, excluding its multidimensional reality from the analysis. Using three regression techniques for the
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