The welfare cost of means-testing: pensioner participation in income support
We estimate parametric and semi-parametric binary choice models of benefit take-up by British pensioners and use a revealed preference argument to infer the cash-equivalent value of disutility arising from stigma or complexity of the claims process. These implicit costs turn out to be relatively small, averaging about 3-4 per week across Income Support recipients. Using the Foster-Greer-Thorbecke measure of poverty among pensioners, we find that allowing for implicit claim costs incurred by benefit recipients raises the measured degree of poverty by not more than 13%.
Year of publication: |
2006
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Authors: | Hernandez, Monica ; Pudney, Stephen ; Hancock, Ruth |
Publisher: |
Colchester : University of Essex, Institute for Social and Economic Research (ISER) |
Saved in:
freely available
Series: | ISER Working Paper Series ; 2006-12 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | hdl:10419/91932 [Handle] RePEc:ese:iserwp:2006-12 [RePEc] |
Source: |
Persistent link: https://www.econbiz.de/10010331574
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