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| Author: | Farrell, L. Frijters, P. |
| Title: | Choosing to become a 'lost cause': the perverse effects of benefit preconditions |
| Journal: | Oxford Economic Papers
2008 : JAN, VOL. 60:1, p. 1-19 |
| Index terms: | labour markets incentives investments welfare models |
| Language: | eng |
| Abstract: | It is argued in this paper that preconditions for welfare benefit entitlements (here as: b-entls.) based on labour market (here as: l-m.) prospects can be counterproductive when they create an incentive for individuals to refrain from any investment earlier in life that could improve future prospects. B-entls. based partly on investments made prior to l-m. entry are Pareto-improving. |
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