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The claim that social protection is a luxury good--with a national income elasticity exceeding unity--has as been influential. The paper tests the "luxury good hypothesis" using newly-assembled data on social protection spending across countries since 1995, treating the pandemic period...
Persistent link: https://www.econbiz.de/10013388840
Evaluations of workfare programs in poor rural economies have typically ignored two features that policy makers stress … methods to incorporate both features, and shows that doing so can switch the policy ranking in favor of welfare over workfare … suggested by past methods, despite a more "poor-poor" incidence. A basic-income guarantee would dominate net workfare earnings …
Persistent link: https://www.econbiz.de/10012457627