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Standard economic analyses suggests that when the budget for redistribution is fixed, transfers should be targeted to (that is, means-tested for) those most in need. But both economists and political scientists have long recognized the possibility that targeting could undermine political support...
Persistent link: https://www.econbiz.de/10005133707
Persistent link: https://www.econbiz.de/10010845127
Standard economic analysis suggests that when the budget for redistribution is fixed, income transfers should be targeted to (i.e. means-tested for) those most in need. However, both political scientists and economists long have recognized the possibility that targeting might undermine political...
Persistent link: https://www.econbiz.de/10005579721
Labor supply theory predicts systematic heterogeneity in the impact of recent welfare reforms on earnings, transfers, and income. Yet most welfare reform research focuses on mean impacts. We investigate the importance of heterogeneity using random-assignment data from Connecticut's Jobs First...
Persistent link: https://www.econbiz.de/10008620371
It is generally assumed that trade retaliation under the WTO performs some kind of 'rebalancing' by allowing the injured Member to suspend 'concessions and obligations' vis-à-vis the violating Member of a level equivalent to the level of 'nullification and impairment' suffered by the injured...
Persistent link: https://www.econbiz.de/10005559229
The "antidirector rights index" has been used as a measure of shareholder protection in over a hundred articles since it was introduced by La Porta et al. ("Law and Finance." 1998, Journal of Political Economy 106:1113--55). A thorough reexamination of the legal data, however, leads to...
Persistent link: https://www.econbiz.de/10008553450
This paper empirically compares civil procedure in common-law and civil-law countries. Using World-Bank and hand-collected data, and unlike earlier studies that used predecessor data sets, this paper finds no systematic differences between common- and civil-law countries in the complexity,...
Persistent link: https://www.econbiz.de/10010625755
The goal of the 1996 Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) was to end the dependency of needy parents on government benefits, in part by promoting marriage. The pre-reform welfare system was widely believed to discourage marriage because it primarily provided...
Persistent link: https://www.econbiz.de/10005526917
Relatively little is known about the impact of welfare reform on children's living arrangements, which was an important focus of reformers. We use data from the March CPS to examine this question. Our findings suggest three main conclusions. First, welfare reform in some cases has had large...
Persistent link: https://www.econbiz.de/10005545478
Persistent link: https://www.econbiz.de/10011193692