Is Social Protection a Luxury Good?

Is Social Protection a Luxury Good?

The claim that social protection is a luxury good—with a national income elasticity exceeding unity—has been influential. The paper tests the “luxury good hypothesis” using newly-assembled data on social protection spending across countries since 1...

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Bibliographic Details
Main Authors: Lokshin, Michael, Ravallion, Martin, Torre, Iván
Format: Working Paper
Language:English
English
Published: World Bank, Washington, DC 2022
Subjects:
ENGEL CURVE
PANDEMIC
GOVERNANCE
DISTRIBUTION
SELECTIVE DATA REPORTING
SOCIAL PROTECTION
SOCIAL PROTECTION EXPENDITURE
ICT SUPPORT TO SOCIAL PROTECTIONS
Online Access:http://documents.worldbank.org/curated/en/099742509132261027/IDU0b41d2c00053a104e480a7fc0687ec7afed54
http://hdl.handle.net/10986/38010

Internet

http://documents.worldbank.org/curated/en/099742509132261027/IDU0b41d2c00053a104e480a7fc0687ec7afed54
http://hdl.handle.net/10986/38010

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