Durand-Lasserve, Olivier; Campagnolo, Lorenza; Chateau, Jean - 2015
household basis performs best in terms of GDP gains. The aggregate gains for consumers in terms of welfare are higher, ranging … from 0.8% to 1.6% in 2020. Both GDP and welfare gains arise from a more efficient allocation of resources across sectors … households and reduce poverty. Mechanisms that compensate households via payments proportional to labour income are, on the …