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"Welfare economics"
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Justice as welfare : equity and solidarity
\"Justice as Welfare links equality, justice and welfare at the philosophical level, to propose an egalitarian view of social justice\"--Provided by publisher.
Book
Does Money Matter? The Effects of Cash Transfers on Child Development in Rural Ecuador
A large body of research indicates that child development is sensitive to early‐life environments, so that poor children are at higher risk for poor cognitive and behavioral outcomes. These developmental outcomes are important determinants of success in adulthood. Yet, remarkably little is known about whether poverty‐alleviation programs improve children’s developmental outcomes. We examine how a government‐run cash transfer program for poor mothers in rural Ecuador influenced the development of young children. Random assignment at the parish level is used to identify program effects. Our data include a set of measures of cognitive ability that are not typically included in experimental or quasi‐experimental studies of the impact of cash transfers on child well‐being, as well as a set of physical health measures that may be related to developmental outcomes. The cash transfer program had positive, although modest, effects on the physical, cognitive, and socioemotional development of the poorest children in our sample.
Journal Article
People, Places, and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs
Most countries exhibit large and persistent geographical differences in wages, income, and unemployment rates. A growing class of place-based policies attempts to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities, or regions. Place-based policies have the potential to profoundly affect the location of economic activity, along with the wages, employment, and industry mix of communities. These programs are widespread in the United States and throughout the world but have only recently been studied closely by economists. We consider the following questions: Who benefits from place-based interventions? Do the national benefits outweigh the costs? What sorts of interventions are most likely to be effective? To study these questions, we develop a simple spatial equilibrium model designed to characterize the welfare effects of place-based policies on the local and the national economy. Using this model, we critically evaluate the economic rationales for place-based policies and assess the latest evidence on their effects. We conclude with some lessons for policy and directions for future research.
Journal Article
A theory of fairness and social welfare
\"The definition and measurement of social welfare have been a vexed issue for the past century. This book makes a constructive, easily applicable proposal and suggests how to evaluate the economic situation of a society in a way that gives priority to the worse-off and that respects each individual's preferences over his or her own consumption, work, leisure and so on. This approach resonates with the current concern to go 'beyond the GDP' in the measurement of social progress. Compared to technical studies in welfare economics, this book emphasizes constructive results rather than paradoxes and impossibilities, and shows how one can start from basic principles of efficiency and fairness and end up with concrete evaluations of policies. Compared to more philosophical treatments of social justice, this book is more precise about the definition of social welfare and reaches conclusions about concrete policies and institutions only after a rigorous derivation from clearly stated principles\"-- Provided by publisher.
Book
Role of cash in conditional cash transfer programmes for child health, growth, and development: an analysis of Mexico's Oportunidades
Many governments have implemented conditional cash transfer (CCT) programmes with the goal of improving options for poor families through interventions in health, nutrition, and education. Families enrolled in CCT programmes receive cash in exchange for complying with certain conditions: preventive health requirements and nutrition supplementation, education, and monitoring designed to improve health outcomes and promote positive behaviour change. Our aim was to disaggregate the effects of cash transfer from those of other programme components.
In an intervention that began in 1998 in Mexico, low-income communities (n=506) were randomly assigned to be enrolled in a CCT programme (
Oportunidades, formerly
Progresa) immediately or 18 months later. In 2003, children (n=2449) aged 24–68 months who had been enrolled in the programme their entire lives were assessed for a wide variety of outcomes. We used linear and logistic regression to determine the effect size for each outcome that is associated with a doubling of cash transfers while controlling for a wide range of covariates, including measures of household socioeconomic status.
A doubling of cash transfers was associated with higher height-for-age
Z score (β 0·20, 95% CI 0·09–0·30; p<0·0001), lower prevalence of stunting (−0·10, −0·16 to −0·05; p<0·0001), lower body-mass index for age percentile (−2·85, −5·54 to −0·15; p=0·04), and lower prevalence of being overweight (−0·08, −0·13 to −0·03; p=0·001). A doubling of cash transfers was also associated with children doing better on a scale of motor development, three scales of cognitive development, and with receptive language.
Our results suggest that the cash transfer component of
Oportunidades is associated with better outcomes in child health, growth, and development.
Journal Article
No wealth but life : welfare economics and the welfare state in Britain, 1880-1945
\"This book re-examines early-twentieth-century British welfare economics in the context of the emergence of the welfare state. There are fresh views of the well-known Cambridge School of Sidgwick, Marshall, Pigou, and Keynes, by Peter Groenewegen, Steven G. Medema, and Martin Daunton. This is placed against a less well-known Oxford approach to welfare: Yuichi Shionoya explores its foundations in the idealist philosophy of T. H. Green; Roger E. Backhouse considers the work of its leading exponent, J. A. Hobson; and Tamotsu Nishizawa discusses the spread of this approach in Britain. Finally, the book covers welfare economics in the policy arena: Maria Cristina Marcuzzo and Atsushi Komine discuss Keynes and Beveridge, and Richard Toye points to the possible influence of H. G. Wells on Churchill and Lloyd George. A substantial introduction frames the discussion, and a postscript relates these ideas to the work of Robbins and subsequent developments in welfare economics\"--Provided by publisher.
Book
Beyond Revealed Preference: Choice-Theoretic Foundations for Behavioral Welfare Economics
We propose a broad generalization of standard choice-theoretic welfare economics that encompasses a wide variety of nonstandard behavioral models. Our approach exploits the coherent aspects of choice that those positive models typically attempt to capture. It replaces the standard revealed preference relation with an unambiguous choice relation: roughly, x is (strictly) unambiguously chosen over y (written xP*y) iff y is never chosen when x is available. Under weak assumptions, P* is acyclic and therefore suitable for welfare analysis; it is also the most discerning welfare criterion that never overrules choice. The resulting framework generates natural counterparts for the standard tools of applied welfare economics and is easily applied in the context of specific behavioral theories, with novel implications. Though not universally discerning, it lends itself to principled refinements.
Journal Article
The age of responsibility : luck, choice, and the welfare state
A new focus on \"personal responsibility\" has transformed political thought and public policy in America and Europe. Since the 1970s, responsibility--which once meant the moral duty to help and support others--has come to suggest an obligation to be self-sufficient. This narrow conception of responsibility has guided recent reforms of the welfare state, making key entitlements conditional on good behavior. Drawing on intellectual history, political theory, and moral philosophy, Yascha Mounk shows why the Age of Responsibility is pernicious--and how it might be overcome. Mounk shows that today's focus on individual culpability is both wrong and counterproductive: it distracts us from the larger economic forces determining aggregate outcomes, ignores what we owe our fellow citizens regardless of their choices, and blinds us to other key values, such as the desire to live in a society of equals. Recognizing that even society's neediest members seek to exercise genuine agency, Mounk builds a positive conception of responsibility. Instead of punishing individuals for their past choices, he argues, public policy should aim to empower them to take responsibility for themselves--and those around them.-- Provided by publisher.
Book
10-year effect of Oportunidades, Mexico's conditional cash transfer programme, on child growth, cognition, language, and behaviour: a longitudinal follow-up study
Mexico's conditional cash transfer programme, Oportunidades, was started to improve the lives of poor families through interventions in health, nutrition, and education. We investigated the effect of Oportunidades on children almost 10 years after the programme began.
From April, 1998, to October, 1999, low-income communities were randomly assigned to be enrolled in Oportunidades immediately (early treatment, n=320) or 18 months later (late treatment, n=186). In 2007, when 1093 children receiving early treatment and 700 late treatment in these communities were aged 8–10 years, they were assessed for outcomes including physical growth, cognitive and language development, and socioemotional development. The primary objective was to investigate outcomes associated with an additional 18 months in the programme. We used cluster-adjusted
t tests and multivariate regressions to compare effects of programme participation for height-for-age, body-mass index (BMI), and cognitive language and behavioural assessment scores in early versus late treatment groups.
Early enrolment reduced behavioural problems for all children in the early versus late treatment group (mean behaviour problem score −0·09 [SD 0·97]
vs 0·13 [1·03]; p=0·0024), but we identified no difference between groups for mean height-for-age
Z scores (−1·12 [0·96]
vs −1·14 [0·97]; p=0·88), BMI-for-age
Z scores (0·14 [0·99]
vs 0·17 [1·06]; p=0·58), or assessment scores for language (98·8 [13·8]
vs 98·4 [14·6] p=0·90) or cognition (98·8 [12·9]
vs 100·2 [13·2]; p=0·26). An additional 18 months of the programme before age 3 years for children aged 8–10 years whose mothers had no education resulted in improved child growth of about 1·5 cm assessed as height-for-age
Z score (β 0·23 [0·023–0·44] p=0·029), independently of cash received.
An additional 18 months in the Oportunidades programme has independent beneficial effects other than money, especially for women with no formal education. The money itself also has significant effects on most outcomes, adding to existing evidence for interventions in early childhood.
Mexican Ministry of Social Development and the National Institutes of Child Health and Human Development.
Journal Article