It's No Laffer'Matter: Claim That Increasing Welfare Aid Breeds Poverty and Dependence Fails Statistical Test

Autor: Sanford F. Schram, Paul H. Wilken
Rok vydání: 1989
Předmět:
Zdroj: American Journal of Economics and Sociology. 48:203-217
ISSN: 1536-7150
0002-9246
DOI: 10.1111/j.1536-7150.1989.tb02118.x
Popis: The claim is analyzed that there is a Laffer-type relationship between welfare spending and poverty. Conservative analysts in recent years have asserted that over the last several decades poverty declined with increased welfare spending up to a point, beyond which increases in spending produced increases in poverty. Measures of pre-transfer and pre-welfare poverty are used in order to account for poverty due to welfare dependency. Employing data for 1959-1983, the authors find evidence which casts doubt on the validity of the hypothesis that there has been a Laffer-type relationship between welfare spending and poverty.
Databáze: OpenAIRE