Welfare policy: cash versus kind, self-selection and notches.
A model is developed to investigate price-mediated, or partially decentralized, welfare policy in situations where the government lacks full information about consumer types. The work of Blackorby and Donaldson, who demonstrated the importance of in-kind transfers in a world where self-selection of...
| Publicado en: | Southern Economic Journal Vol. 66; no. 4; pp. 976 - 991 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Southern Economic Association
April 2000
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511158463&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511158463 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: April 2000 vid: 66 iid: 4 pid: 1482 pub: Southern Economic Association artinfo: ui: 511158463 10.2307/1061539 ppf: 976 ppct: 15 formats: fmt: @attributes: type: T tig: atl: Welfare policy: cash versus kind, self-selection and notches. aug: au: Singh, Nirvikar Thomas, Ravi su: Second best (Economic theory) Mathematical models of income distribution Transfer payments Information theory in economics Public welfare Resource allocation -- Mathematical models Welfare recipients Taxation United States sug: subj: United States Second best (Economic theory) Mathematical models of income distribution Transfer payments Information theory in economics Public welfare Resource allocation -- Mathematical models Welfare recipients Taxation ab: A model is developed to investigate price-mediated, or partially decentralized, welfare policy in situations where the government lacks full information about consumer types. The work of Blackorby and Donaldson, who demonstrated the importance of in-kind transfers in a world where self-selection of allocations is an efficiency-enhancing mechanism, is extended and reinforced to show how second-best allocations can be achieved through limited lump-sum or per-unit subsidies for particular goods. In addition, Blackorby and Donaldson's model is applied to the case of more and less infirm people to show that allocations could be implemented through income-tax schemes combined with in-kind lump-sum subsidies that are available only if consumption equals or exceeds a particular amount. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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