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Building on the existing literature that examines the extent of redistribution in the Social Security system as a whole, this paper focuses more specifically on how Social Security affects the poor. This question is important because a Social Security program that reduces overall inequality by...
Persistent link: https://www.econbiz.de/10013152504
Standard measures of poverty may reveal nothing about whether the poorest of the poor are being lifted-up or left-behind, yet this is a widespread concern among policy makers and citizens. The paper assesses whether public spending on social protection benefits the poorest and hence lifts the...
Persistent link: https://www.econbiz.de/10012917602
Many studies examine the anti-poverty effects of social insurance and means-tested transfers, relying solely on survey data with substantial errors. We improve on past work by linking administrative data from Social Security and five large means-tested transfers (SSI, SNAP, Public Assistance,...
Persistent link: https://www.econbiz.de/10012919877
households that confront a non-convex production technology and face missing financial markets. The model demonstrates that a …
Persistent link: https://www.econbiz.de/10012981626
In this paper, we comprehensively examine the effects of the Great Recession on child poverty, with particular attention to the role of the social safety net in mitigating the adverse effects of shocks to earnings and income. Using a state panel data model and data for 2000 to 2014, we estimate...
Persistent link: https://www.econbiz.de/10012982513
Social protection programs are needed more than ever during periods of social upheaval, but are also likely to be even harder to implement successfully. Furthermore, social upheaval makes measuring the impact of such policies all the more difficult. We study the impact of a multi-faceted social...
Persistent link: https://www.econbiz.de/10013296769
globalization: trade and international capital flows. Past researchers have argued that global economic integration should help the …This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of … this essay is that such a simple interpretation of general equilibrium trade models is likely to be misleading. Second, the …
Persistent link: https://www.econbiz.de/10012761253
The paper critically assesses prevailing measures of global poverty. A welfarist interpretation of global poverty lines is augmented by the idea of normative functionings, the cost of which varies across countries. In this light, current absolute measures are seen to ignore important social...
Persistent link: https://www.econbiz.de/10012863688
accessing markets at home and abroad. In simple GE models, we find that the difference in life cycle dynamics could lower …
Persistent link: https://www.econbiz.de/10013066002
What is the effect of cash injections during financial crises? Exploiting county-level variation arising from random weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local cash flow shocks on the real and financial sector. We show that such cash flow shocks...
Persistent link: https://www.econbiz.de/10012953501