market. In the first part of this paper, the author presents the phenomenon of welfare by taking into account its measurement …

equality. Specifically, we investigate the relationships between three dimensions of welfare transfers - transfer share (the … average share of household income from welfare transfers), low-income targeting, and universalism - and poverty and …

The paper consists of a discussion on the relevance of non-income drivers of welfare. This discussion is based on a … subjective Bayesian reasoning, where welfare perceptions are subjectively rational decisions of individuals, who are, as author … suggests, the ultimate decision-makers in respect of what welfare actually means for them. The objective of the paper is to …

to policy makers and academics alike. This paper analyzes the long-term effects on the welfare of the original … look into the effects on schooling and health, the analysis focuses on a utilitarian definition of welfare and employs two …