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A transfer from a richer individual to a poorer one seems to be the most intuitive and straightforward way of reducing income inequality in a society. However, can such a transfer reduce the welfare of the society? We show that a rich-to-poor transfer can induce a response in the individuals'...
Persistent link: https://www.econbiz.de/10012945812
This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the … poverty reducing as the one in force (or more in some dimensions), and a generator of greater welfare. …
Persistent link: https://www.econbiz.de/10012008734
consistent assessments of social welfare, inequality and poverty embodied in a given income distribution. Methods: We propose …
Persistent link: https://www.econbiz.de/10014552762
This chapter examines the role of altruistic motives in the economic analysis of public social transfers, both from a positive and from a normative point of view. The positive question is to know whether we can fully neglect altruistic considerations to explain the development or sustainability...
Persistent link: https://www.econbiz.de/10014023654
There is no consensus on how to measure social welfare and inequality when households have different needs. As we show, a dilemma emerges between holding households responsible for their needs or compensating them. This dilemma is of first-order importance for social welfare, but generally plays...
Persistent link: https://www.econbiz.de/10015052572
In a given society, those who are least advantaged would allegedly benefit the most from receiving a basic income. However, the merits of such a policy are generally debated according to the effects on society as a whole, not specifically on the most marginalized; thus, the potential benefits of a...
Persistent link: https://www.econbiz.de/10014490641
assessment of poverty alleviation programs, with the strength of each criterion being captured through its own inequity …-aversion parameter. This contrasts with the assessment of poverty alleviation programs done with simple under-coverage and leakage ratios … poverty alleviation policies. We find inter alia that the social ranking of commodity and socio-demographic targeting in …
Persistent link: https://www.econbiz.de/10014075162
Persistent link: https://www.econbiz.de/10011484575
What are the methodologies that we should employ for designing and evaluating governmental policy, in light of the profound effects that policies have on the level and distribution of individuals' well-being? The Oxford Handbook of Well-Being and Public Policy is a comprehensive,...
Persistent link: https://www.econbiz.de/10012669671
(such as GDP, cost-benefit analysis, cost-effectiveness analysis, inequality and poverty metrics, and the concept of the …
Persistent link: https://www.econbiz.de/10014126093