efficiency-enhancing redistribution improves everyone’s welfare including the welfare of those whose labor finances the …

at helping the poor is not clear. In this chapter we assess the targeting performance of a similar subsidy for … poor than those without access, the program’s overall performance is low in terms of poverty reduction. Targeting through …

The paper examines the welfare implications of price targeting from the perspective of when central bank has … was observed that the principle of Pareto optimality holds while there will be welfare loss and social bliss denied in … the goal of ensuring maximum welfare and social justice in the society. …

and raises importable production while a tax cut does not have any effect. The welfare implication is ambiguous in case of … a decrease in cost of corruption. A tax cut, however, raises the welfare unambiguously. …

their peculiar institutional characteristics that can lessen the gravity of detrimental welfare consequence of exogenous …

income inequality by 2030. However, the potential reduction can be fully accounted for by the projected convergence in …

In this paper, we address the issue of how education affected income inequality in twentieth-century Africa. Three … channels are identified through which education may affect income inequality. First, an increase in the average educational … level is correlated with an increase in average income, which, ceteris paribus, reduces inequality. Second, a reduction in …