Self-Selection and Optimal In-Kind Transfers
Bibliographic Data
| ID | 9707675 |
|---|---|
| Authors | Alistair Munro (0000-0003-3918-8701, University of East Anglia, corresponding author) |
| Year | 1992 |
| Volume | 102 |
| Issue | 414 |
| Pages | 1184 |
| Publication date | 1992-09-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.2307/2234385 |
| OpenAlex | W2044502987 |
| Language | EN |
| Citations received | 5 |
With in-kind transfer self-selection schemes, agents choose between a set level of public provision or buy freely from the private market. Housing, education, and healthcare are often of this form. The optimal design of these schemes is analyzed here. It is shown that when a charge can be levied for the transfer, an optimal scheme will nearly always raise welfare, while freely provided transfers are unlikely to improve upon optimal linear taxation alone. Surprisingly, optimal schemes may involve high or medium income agents receiving public expenditure, while those on the lowest incomes opt out. Copyright 1992 by Royal Economic Society.(This abstract was borrowed from another version of this item.)
Adverse selection · Economics · Market economy · Microeconomics · Public economics · Scheme (mathematics · Selection (genetic algorithm · Set (abstract data type · Transfer (computing · Welfare · Computer Science · Fiscal Policy and Economic Growth · Gender, Labor, and Family Dynamics · Local Government Finance and Decentralization · Mathematics
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,21 |
| Citation span | 2002 - 2014 (13) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |