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The Indian economy in the recent past is growing faster (6-9%) than its past rate of growth (3-4%) and it is even surpassing the rate of growth of many developed and developing countries all over the world. The Indian economy is showing high growth potential and it is one of those countries that...
Persistent link: https://www.econbiz.de/10011260365
In this chapter, Richard Harris points out that a traditional view has been that there is an inherent conflict between economic efficiency and social equality, a view neatly summarized in the title of Okun's famous book, Equality and Efficiency: The Big Trade-off (1975). This view gained renewed...
Persistent link: https://www.econbiz.de/10005650204
We propose a simple summary statistic for a nation’s flow of welfare, measured as a consumption equivalent, and compute … its level and growth rate for a broad set of countries. This welfare metric combines data on consumption, leisure … recent decades, rising life expectancy boosts annual growth in welfare by more than a full percentage point throughout much …
Persistent link: https://www.econbiz.de/10009141777
Evidence from the Panel Survey of Income Dynamics (PSID) suggests that those with a history of mixing welfare and work … are more likely to continue mixing rather than be in another welfare or labor market state. This finding supports the view … that, without a welfare subsidy, jobs held by working welfare recipients will not provide for self sufficiency. We find no …
Persistent link: https://www.econbiz.de/10005417393
payments help reduce this gap? In Canada, disability benefits are primarily provided by provincial governments. As each … the annual government spending on child benefits. A study entitled “The Effect of Universal Child Benefits on Labour … considerable variation in the disability benefit levels per province. A paper entitled “Intergenerational Effects of Disability …
Persistent link: https://www.econbiz.de/10011184430
Persistent link: https://www.econbiz.de/10013417268
Persistent link: https://www.econbiz.de/10012227380
We re-estimate the height of Englishmen using the sample originally collected by Roderick Floud. We merge the samples from the army and the Royal Marines by weighting the observations in order to reflect the proportions of servicemen in the two branches of the military. In addition to truncated...
Persistent link: https://www.econbiz.de/10009415508
will make to the welfare of Canadians. Traditionally, productivity growth was thought to contribute to increased leisure … narrow social inequality. While accepting that such benefits have flowed in the past, Heath argues that in the last 25 years … literature. One possible explanation is that increased consumption does not generate lasting increments in welfare because the …
Persistent link: https://www.econbiz.de/10005650206
the adverse welfare impact on households, in particular poor households. This paper evaluates the fiscal and welfare … households receiving seven times more in benefits than the poorest ten percent. Although subsidy reform would generate …
Persistent link: https://www.econbiz.de/10010790400