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Bourguignon and Fields ("Poverty Measures and Anti-Poverty Policy") and Gangopadhyay and Subramanian ("Optimal … Budgetary Intervention in Poverty Alleviation Schemes") have derived optimal budgetary rules for the redress of poverty through … direct income transfers when poverty is measured by the Foster, Greer and Thorbecke Pá class of indices in the context of a …
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Poor heath, large acute and long-term care medical expenses, and spousal death are significant drivers of impoverishment among retirees. We document these facts and build a rich, overlapping generations model that reproduces them. We use the model to assess the incentive and welfare effects of...
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(such as GDP, cost-benefit analysis, cost-effectiveness analysis, inequality and poverty metrics, and the concept of the …
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Progressively targeted cash transfers remain the dominant policy response to chronic poverty in developing countries …. But are there alternative social protection policies that might have larger poverty impacts over time for the same public … vulnerable, but non-poor households in the wake of negative shocks, can result in lower rates of poverty in the medium term than …
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social policy better reduces poverty than social policies targeted at the poor. This article revisits Korpi and Palme … average share of household income from welfare transfers), low-income targeting, and universalism - and poverty and … developed and developing countries. Consistent with Korpi and Palme, we show: a) poverty is negatively associated with the …
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