"A primary goal of the Aylwin presidency has been achievement of growth with equity. Chile, as well as most of Latin America, has experienced high levels of poverty and welfare inequality for as long as statistical information is available. This volume contains the best survey data (1990)...

The economic literature often argues that basic income schemes and low wage subsidies to employees are just special cases of a negative income tax. In this debate, it is ignored that these concepts target different population subgroups. This paper investigates the different target groups and the...