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We show that a transfer targeting a minority of the population is sustained by majority voting, however small the minority targeted, when the probability to receive the transfer is decreasing and concave in income. We apply our framework to the French social housing program and obtain that...
Persistent link: https://www.econbiz.de/10010384383
Since the late 1970s, the price indices underlying the poverty lines in India have been updated using aggregate indices … consumption survey data. We propose an alternative approach that identifies poverty from consumer behaviour, based on the notion … higher levels of poverty in eastern India, and generally, smaller reductions in poverty from 2005 to 2010. Our poverty …
Persistent link: https://www.econbiz.de/10009707597
poverty were very similar. In 2021 and 2022, however, changes in income and consumption poverty were quite different …--consumption poverty fell less than income poverty in 2021, and then income poverty rose sharply in 2022 while consumption poverty … measures appears to be saving during the pandemic followed by dissaving, even among those near the poverty line. This finding …
Persistent link: https://www.econbiz.de/10015094894
Entitlement programs have become an increasing component of total government spending in the US over the last six decades. To some observers, this growth of the welfare state is excessive and unwarranted. To others, it is a welcome counter-acting force to the rapid increase in income inequality....
Persistent link: https://www.econbiz.de/10013210072
In recent decades the Indian subcontinent has displayed remarkable invariance in the incidence of working poverty … despite strong economic performance. It is widely held that education can rescue households from various types of poverty … though social deviance in acquiring education can throw subjects into abject poverty. In particular, the paper examines the …
Persistent link: https://www.econbiz.de/10009793157
The goal of this research is to explore whether actual lottery revenues are sensitive to scarcity, as measured by intra-monthly variation in financial resources. Exogenous paydays of social security benefits are employed to generate the intra-monthly variation in financial resources. Using two...
Persistent link: https://www.econbiz.de/10012064536
Employment contributes to reduce the risk of poverty. Through a randomized controlled trial, we evaluate the impact of …
Persistent link: https://www.econbiz.de/10012210914
This paper is the first attempt towards directly testing the existence of status seeking behavior of the poor for a developing economy, India, with the help of a large dataset. The paper empirically validates status consciousness among the relatively poor for both rural and urban areas across...
Persistent link: https://www.econbiz.de/10011898668
Persistent link: https://www.econbiz.de/10003304400
In view of rising inequality in fast growing Asian developing countries, it is important to study the relationship between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can bear a complex and non-linear relationship if policy...
Persistent link: https://www.econbiz.de/10010531112