Effects of Government Policies on Income Distribution and Welfare

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dc.creatorWu, Ximing
dc.creatorPerloff, Jeffrey M.
dc.creatorGolan, Amos
dc.date2017-04-01T20:15:10Z
dc.date.accessioned2026-07-09T03:49:26Z
dc.descriptionA variety of parametric and semiparametric models produce qualitatively similar estimates of government policies' effects on income distribution and welfare (as measured by the Gini, standard deviation of logarithms, relative mean deviation, coefficient of variation, and various Atkinson indexes). Taxes and the Earned Income Tax Credit are an effective way to redistribute income to the poor and raise welfare. The minimum wage lowers welfare. Social insurance programs have little effect except for Supplemental Security Income, which raises welfare. Transfer programs (AFDC/TANF and food stamps) either have no statistically significant effect or lower welfare.
dc.identifierdoi:10.22004/ag.econ.25031
dc.identifierhttps://ageconsearch.umn.edu/record/25031/files/wp020950.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/25031
dc.identifier.urihttp://hdl.handle.net/123456789/540449
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/25031
dc.titleEffects of Government Policies on Income Distribution and Welfare
dc.typeText

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