established, including a poverty trap, wherein children work full-time and no human capital accumulation takes place, with … continuous growth at an asymptotically steady rate as an alternative. We show that a society can escape from the poverty trap …

This paper introduces a theory-based equivalence scale for public in-kind transfers, which justifies comparison of …, education and childcare expenditure on estimates of income inequality and poverty for 24 European countries. The empirical … results show significant effects of public in-kind transfers on the level of income inequality and poverty for all countries …

social policy better reduces poverty than social policies targeted at the poor. This article revisits Korpi and Palme … average share of household income from welfare transfers), low-income targeting, and universalism - and poverty and … developed and developing countries. Consistent with Korpi and Palme, we show (1) poverty is negatively associated with transfer …

consistent assessments of social welfare, inequality and poverty embodied in a given income distribution. Methods: We propose …