Transfers, Social Safety Nets, and Economic Growth

Transfers, Social Safety Nets, and Economic Growth
This paper analyses the role of social safety nets in the form of redistributional transfers and wage subsidies. It is argued that public welfare programs can be viewed as a crime-preventing or disruption-preventing devices because they tend to increase the opportunity cost of engaging in crime or disruptive activities. It is shown that, in the... READ MORE...

Publication date: April 1996
ISBN 9781451845921
$15.00

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