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 …

Bourguignon and Fields ("Poverty Measures and Anti-Poverty Policy") and Gangopadhyay and Subramanian ("Optimal … Budgetary Intervention in Poverty Alleviation Schemes") have derived optimal budgetary rules for the redress of poverty through … direct income transfers when poverty is measured by the Foster, Greer and Thorbecke Pá class of indices in the context of a …