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- W2022341804 abstract "How do various forms of redistribution affect the distributions of earnings and consumption and their intergenerational mobility? Do redistributive policies enhance efficiency by mitigating market imperfections? Or do they create a trade-off between equity and efficiency? To address these issues, a dynamic general equilibrium model is constructed and solved numerically. The effects of the degrees of targeting of money transfers and educational transfers and the relative performance of the two types of transfers are examined." @default.
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- W2022341804 date "2004-10-01" @default.
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- W2022341804 title "Equity and efficiency effects of redistributive policies" @default.
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- W2022341804 doi "https://doi.org/10.1016/j.jmoneco.2003.10.006" @default.
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