Michael Carter

Professor of Agricultural and Applied Economics
421 Henry Taylor Hall
427 Lorch St.
Madison, WI 53706
(608) 263-2478
mrcarter@wisc.edu

Research Interest Statement
Carter is the principal investigator of BASIS Collaborative Research Support Program that has become a central node in the research network on global poverty dynamics Carter recent work focuses on asset dynamics and the existence of poverty traps in Latin America. With access to well-established credit markets, standard neoclassical models of life cycle consumption predict that households will smooth their consumption. However, where credit markets are not well established or do not exist, crop failures and other economic shocks require households to adjust consumption to preserve assets; if asset levels fall too low, households fall into a poverty trap and face subsistence- level consumption indefinitely. He also has studied the economics effects of AIDS on premature adult mortality in South Africa.

CDE Research Theme Working Groups
Demography of Inequality
Health and Mortality
Data and Methodology