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Bourguignon and Fields ("Poverty Measures and Anti-Poverty Policy") and Gangopadhyay and Subramanian ("Optimal … Budgetary Intervention in Poverty Alleviation Schemes") have derived optimal budgetary rules for the redress of poverty through … direct income transfers when poverty is measured by the Foster, Greer and Thorbecke Pá class of indices in the context of a …
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optimal anti-poverty budgetary rules for two kinds of intervention, direct income transfers and wage employment programmes. …
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Sen’s influential work on human development has led economists to explore new areas that have become increasingly important for human well-being. In particular, Sen emphasizes the importance of the "freedom to choose". Freedom, however, is not always an exact (crisp) outcome, and membership in...
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