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The income elasticity of labor supply is a central parameter of many economic models. We test how labor supply and effort in northern Ghana respond to exogenous changes in income and wages using a randomized evaluation of a multi-faceted grant program combined with a bag-making operation. We...
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We study the role of old-age pensions, disability insurance and healthcare in accounting for the differing labor supply patterns of older individuals across countries. We develop a life cycle model of labor supply and health with heterogeneous agents. In our framework, people choose when to stop...
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This study investigates an old question that has re-emerged in social policy-making and in analyses of global social development: to what extent does targeting and size of social transfers matter for poverty? Using multilevel logistic regression and LIS income data for 40 middle- and high-income...
Persistent link: https://www.econbiz.de/10011345749
The goal of the welfare state is the redistribution of income in order to reduce poverty and reduce inequality. Income inequality and relative poverty are often cited as major policy concerns, and are tracked by economists. Economists and policy makers also value measures of absolute poverty as...
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Korpi and Palme's (1998) classic "The Paradox of Redistribution and Strategies of Equality" claims that universal social policy better reduces poverty than social policies targeted at the poor. This article revisits Korpi and Palme's classic, and in the process, explores and informs a set of...
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