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Author: | Bhattarai, K. Whalley, J. |
Title: | Redistributive effects of transfer programmes in the United Kingdom |
Journal: | Economica
2009 : JUL, VOL. 76:303, p. 413-431 |
Index terms: | United Kingdom models welfare economics social policy |
Freeterms: | households |
Language: | eng |
Abstract: | Using a conditional-choice general equilibrium model, this paper deals with the redistribution effects of transfer. The model is calibrated to the U.K. data for the early 2000s. Results indicate that a money-metric measure of the welfare value of transfer received by the bottom decile of U.K. households equals 17 percent of the cash transfer. |
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