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- W3123540146 abstract "We analyze the optimality of alternative mechanisms of public provision of private goods affecting the productive capacity of households (e.g. education, health-care) rather than directly their welfare. Opting out mechanisms - often considered a tool to focus social expenditure - are proven to be welfare improving under the assumption that the provided good is not a substitute of households' exogenous productive capacity (say, inherited wealth). Conversely, when publicly provided goods are substitute of inherited productive capacity, topping up mechanisms prove more efficient." @default.
- W3123540146 created "2021-02-01" @default.
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- W3123540146 date "2006-10-01" @default.
- W3123540146 modified "2023-09-27" @default.
- W3123540146 title "Optimal Redistribution With Productive Social Services" @default.
- W3123540146 hasPublicationYear "2006" @default.
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