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. As former welfare recipients enter the labor market, they may exert downward pressure on wages or displace employment of … people who fell through the cracks in federal anti--poverty programs. In all, about eighty to one--hundred thousand able …
Persistent link: https://www.econbiz.de/10005125827
increase work and raise income (lower poverty), but cost somewhat more than alternative welfare programs. In particular … due to windfall beneficiaries makes these programs more effective at alleviating poverty and raising incomes. Evidence … employment and income gains. Non-experimental evidence from the Earned Income Tax Credit (EITC) and from state Temporary …
Persistent link: https://www.econbiz.de/10005134597
By the end of 1999 HIV/AIDS was present in at least 200 countries and approximately 34.3 million people were living with the disease, 5.3 million of whom had been infected in that year alone (WHO 2000). Approximately 21.8 million persons had died from AIDS by 2000 and countries where life...
Persistent link: https://www.econbiz.de/10005076926
Pro Poor Growth has become a central concern to achieve sustainable poverty reduction in developing countries. Despite … poor growth, then summarizing the linkages between inequality, poverty, and pro poor growth, before proceeding to analyze …
Persistent link: https://www.econbiz.de/10005126303
This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be...
Persistent link: https://www.econbiz.de/10005126382
Using PSID data for the years 1984 to 1999, we estimate the level and severity of asset poverty. Our results indicate … that the share of asset- poor households remained almost the same and the severity of poverty increased during this period … head, and homeownership, are important determinants of asset poverty. There seems to be a downward trend in the …
Persistent link: https://www.econbiz.de/10005135007
In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes redistributive taxation to maintain political support. The...
Persistent link: https://www.econbiz.de/10005412490
Nigeria is going through a difficult political and economic transition after decades of independence.Yet, Nigeria remains a society rich in cultural, linguistic, religious, ethnic and political diversity. Today, the average Nigerian struggles hard to make ends meet; sees himself or herself as...
Persistent link: https://www.econbiz.de/10005076578
In this paper, we have obtained closed-form solutions in Cass-Koopmans growth models with heterogeneous agents. The relationship between the form of production function and the dynamics of income distribution is made explicit. We then use this relationship to determine what production structure...
Persistent link: https://www.econbiz.de/10005125654
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades. Extrapolating past...
Persistent link: https://www.econbiz.de/10005062447