Between 2003 and 2009, Argentina’s social spending as a share of gross domestic product increased by 7.6 percentage points. Benefit incidence analysis for 2003, 2006, and 2009 suggests that the contribution of cash transfers to the reduction of disposable income inequality and poverty...

Presents a paper by Lauchlin Currie on the stabilization of purchasing power through the use of public credit which was originally delivered at the American Economic Association Meeting at Chicago Distribution of Purchasing Power and Business Fluctuations Round Table on December 30, 1936.