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Author:Wheaton, W. C.
Title:Decentralized welfare: Will there be underprovision?
Journal:Journal of Urban Economics
2000 : NOV, VOL. 48:3, p. 536-555
Index terms:Welfare economics
Social choice
Equilibrium theory
Public goods
Utility theory
Household economics
Language:eng
Abstract:The paper develops an Asymmetric Nash Equilibrium model of welfare payment choice (by states) and welfare recipient migration in which there is a finite migration elasticity. The model's predictions are closely matched empirically, when examining the reduced form impact of these instruments on the pattern welfare benefits and recipients cross states.
SCIMA record nr: 216818
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