Please use this identifier to cite or link to this item:
|Title:||The Welfare Cost of Means-Testing: Pensioner Participation in Income Support|
|Publisher:||Dept. of Economics, University of Leicester|
|Abstract:||We estimate parametric and semi-parametric binary choice models of benefit take-up by British pensioners and develop methods, based on the compensating variation, of inferring the cash-equivalent value of disutility arising from stigma or complexity of the claims process, taking account of the self-selection induced by take-up. We extend this to incorporate the claim costs borne by welfare-recipients into the measurement of pensioner poverty. We find that allowing for implicit claim costs in this way has a non-negligible impact on poverty measurement.|
|Series/Report no.:||Discussion Papers in Economics|
|Appears in Collections:||Reports, Dept. of Economics|
Items in LRA are protected by copyright, with all rights reserved, unless otherwise indicated.