| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15844 |
| DP15844 In-Kind Transfers as Insurance | |
| Lucie Gadenne; Monica Singhal; Sandip Sukhtankar; Sam Norris | |
| 发表日期 | 2022-06-29 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | In-kind transfers can provide insurance benefits when prices of consumption goods vary, as is common in developing countries. We develop a model demonstrating that in-kind transfers are welfare improving to beneficiaries relative to cash if the covariance between the marginal utility of income and price is positive. Using calorie shortfalls as a marginal utility proxy, we find that in-kind transfers are preferred for low-income Indian households. Expansions in India's flagship in-kind food transfer program not only increase caloric intake but also reduce caloric sensitivity to prices. Our results contribute to ongoing debates about the optimal form of social protection programs. |
| 主题 | Development Economics ; Public Economics |
| 关键词 | In-kind transfers Cash transfers Price risk Public distribution system India |
| URL | https://cepr.org/publications/dp15844-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546492 |
| 推荐引用方式 GB/T 7714 | Lucie Gadenne,Monica Singhal,Sandip Sukhtankar,et al. DP15844 In-Kind Transfers as Insurance. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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