Optimal Universal and Categorical Benefits with Classification Errors and Imperfect Enforcement
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DOI: 10.1111/jpet.12218
Abstract: We determine the optimal combination of a universal benefit, ????, and categorical benefit, ????, for an economy in which individuals differ in both their ability to work – modelled as an exogenous zero quantity constraint… read more here.
Keywords: classification errors; work; classification; enforcement ... See more keywords