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This paper examines the effect of cash versus in-kind transfers on local prices. Both types of transfers increase the demand for normal goods; in-kind transfers also increase supply in recipient communities, which should cause prices to fall relative to cash transfers. We test and confirm this...
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All the progress made by the economists who established the theory of welfare, are based on the needs for the progress in engineering that marked out the era of the industrial revolution. All the models that go along with these theories are based on the science of engineering and contributed at...
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Strict containment limits the spread of pandemics but is difficult to achieve when people must continue to work to avoid poverty. A new role is emerging for income support: by enabling people to effectively stay home, it can produce substantial health externalities. We examine this issue using...
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What are the methodologies that we should employ for designing and evaluating governmental policy, in light of the …-Being and Public Policy is a comprehensive, interdisciplinary treatment of this question, drawing from welfare economics, moral … philosophy, and psychology. It covers policy-assessment methodologies, both established and emerging, and reviews philosophical …
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Conditional Cash Transfers are increasingly used by development aid agencies to reduce the incentives for migration from low-income countries. The evidence to date suggests that such transfers typically increase the rate of migration when they are conditional on investment, such as investment in...
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-outsider policy? Why an unconditional basic income could contribute to tackling the causes and effects of labor market dualization …
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