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Poverty-Dominant Marginal Transfer Reforms in Socially Risky Situations

In: Productivity and Inequality

Author

Listed:
  • Paul Makdissi

    (University of Ottawa)

  • Quentin Wodon

    (World Bank)

Abstract

Public transfer programs have a dual objective of redistributing income and providing insurance when individual incomes are subject to variability. To our knowledge, the normative literature on marginal policy reform has not yet provided a method to account for individual’s exposure to risk in the evaluation of public transfer programs. Stochastic dominance tests are proposed to identify robust marginal poverty-reducing transfer reforms in socially risky situations.

Suggested Citation

  • Paul Makdissi & Quentin Wodon, 2018. "Poverty-Dominant Marginal Transfer Reforms in Socially Risky Situations," Springer Proceedings in Business and Economics, in: William H. Greene & Lynda Khalaf & Paul Makdissi & Robin C. Sickles & Michael Veall & Marcel-Cristia (ed.), Productivity and Inequality, pages 157-167, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-68678-3_7
    DOI: 10.1007/978-3-319-68678-3_7
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    Cited by:

    1. Gustav Kjellsson & Dennis Petrie & Tom (T.G.M.) van Ourti, 2018. "Measuring income-related inequalities in risky health prospects," Tinbergen Institute Discussion Papers 18-007/V, Tinbergen Institute.

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