In-Kind Transfers and Work Incentives
利用配给理论的最新发展,分析实物转移和现金转移对劳动供给的不同影响,发现实物转移对工作时间的影响取决于其与休闲的替代或互补关系。
Recent developments in rationing theory are used to examine the differences between the effects of in-kind and cash transfers on labor supply. It is not possible to tell a priori which type of transfer will cause the greater reduction in hours of work; the answer depends on the extent to which in-kind transfers distort consumption choices and on the relationship between the transferred commodities and leisure. Hicks-Allen complements can cause greater reductions in labor supply than equally generous cash transfers, while strong Hicks-Allen substitutes can induce increases in market work. Copyright 1988 by University of Chicago Press.