The introduction of variable labor supply raises some fundamental issues in analyzing the targeting of poverty alleviation programs in developing countries. It forces a reconsideration of the standard objective function, which is based on income or expenditure and so makes no allowance for the effort made in earning that income. We show that alternative views on the appropriate valuation of effort have very different implications for commodity-based targeting rules. We also establish a benchmark for marginal effective tax rates (inclusive of benefit withdrawal) in income-tested schemes and show that indicator targeting rules may also have to be modified significantly when labor supply responses are recognized. Copyright 1994 by Oxford University Press.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Contact details of provider: Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK Fax: 01865 267 985 Email: Web page: http://wber.oxfordjournals.org/
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)