Showing 1 - 10 of 3,102
We consider the notion of welfare stigma à la Besley and Coate (1992b). This stigma is attributed to welfare claimants … benefits. However, due to imperfect information, this stigma may be extended, with some probability, to all welfare claimants …. We examine the implications of this kind of stigma for the design of welfare programs. …
Persistent link: https://www.econbiz.de/10010264364
This paper provides a normative justification for the use of a minimum wage as a redistributive tool in a competitive labor market. We show that a government interested in improving the wellbeing of the deserving poor, while being less concerned with their undeserving counterparts, can use a...
Persistent link: https://www.econbiz.de/10011951611
We illustrate a novel informational feature of education, which the government may utilize. Discretionary decisions of individuals to acquire education may serve as an additional signal (to earned labor income) on the underlying unobserved innate earning ability, thereby mitigating the...
Persistent link: https://www.econbiz.de/10010261166
There is a long-standing controversy over the question of whether targeting social transfers towards the bottom part of … claimed that "the more we target benefits at the poor, the less likely we are to reduce poverty and inequality". The basic … empirical underpinning of this claim is a strong inverse relationship at the country level between social transfer targeting and …
Persistent link: https://www.econbiz.de/10009753045
disadvantaged 'short'. We employ an egalitarian social welfare function to compare anti-discrimination legal rules with a non …
Persistent link: https://www.econbiz.de/10010261878
We develop a model that allows for public goods and status signaling through charitable contributions. This model provides a unified framework in which contributions are driven both by altruism and status signaling. We use this setup to re-examine the conventional practice of rendering a...
Persistent link: https://www.econbiz.de/10010264058
social welfare. …
Persistent link: https://www.econbiz.de/10010264133
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their misfortune, while they allow them to enjoy the fruits of their effort. Such fairness considerations have been introduced in political economy and optimal income tax models with a...
Persistent link: https://www.econbiz.de/10009314282
We study fair and efficient tax-benefit schemes based on income and non-income factors under partial control. Partial control means that each factor is a specific mixture of unobserved ability (randomly drawn by nature) and effort (chosen by individuals who differ in tastes). Factors differ in...
Persistent link: https://www.econbiz.de/10010229894
This paper provides a novel justification for using a minimum wage to supplement an optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage can be socially beneficial by...
Persistent link: https://www.econbiz.de/10010402108