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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22714 |
来源ID | Working Paper 22714 |
Poverty Traps and the Social Protection Paradox | |
Munenobu Ikegami; Michael R. Carter; Christopher B. Barrett; Sarah A. Janzen | |
发表日期 | 2016-10-10 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Progressively targeted cash transfers remain the dominant policy response to chronic poverty in developing countries. But are there alternative social protection policies that might have larger poverty impacts over time for the same public expenditure? To explore this question, this paper develops a dynamic stochastic model of of consumption and asset accumulation by households that confront a non-convex production technology and face missing financial markets. The model demonstrates that a hybrid social protection policy, which devotes resources to funding “state of the world contingent transfers” (SWCTs) to vulnerable, but non-poor households in the wake of negative shocks, can result in lower rates of poverty in the medium term than does a conventional cash transfer policy. We also explore the prospects for using subsidized index insurance as a way to implement SWCTs and find that an insurance-based hybrid policy can result in lower total public expenditures than a conventional cash transfer social protection program. |
主题 | Microeconomics ; Behavioral Economics ; Health, Education, and Welfare ; Poverty and Wellbeing ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w22714 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580388 |
推荐引用方式 GB/T 7714 | Munenobu Ikegami,Michael R. Carter,Christopher B. Barrett,et al. Poverty Traps and the Social Protection Paradox. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22714.pdf(907KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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