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UID:2026-10-08-roshni-sahoo@cail.columbia.edu
DTSTAMP:20261013T005533Z
DTSTART:20261008T190000Z
DTEND:20261008T200000Z
SUMMARY:Other: Roshni Sahoo - What would it cost to end extreme poverty?
LOCATION:CSB 453
DESCRIPTION:We study poverty minimization via direct transfers\, framing t
 his as a statistical learning problem while retaining the information cons
 traints faced by real-world programs. Using nationally representative hous
 ehold consumption surveys from 34 countries that together account for 76% 
 of the world's poor\, we estimate that reducing the poverty rate to 1% (fr
 om a baseline of 13%) would cost $211B nominal per year. This is 4.0 times
  the corresponding reduction in the aggregate poverty gap\, but only 19% o
 f the cost of universal basic income. Extrapolated globally\, the results 
 imply a cost of 0.28% of global GDP to (approximately) end extreme poverty
 .\n\nhttps://cail.columbia.edu/events/2026-10-08-roshni-sahoo
URL:https://cail.columbia.edu/events/2026-10-08-roshni-sahoo
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