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Pensions

Pensions and living with your kids

Markus Goldstein's picture
When a government implements a policy, there is often a question about how it will interact and/or displace existing informal practices.    For example, awhile back there was a lot of discussion around how government provided insurance would displace (or not) informal risk sharing arrangements that may have been doing a good job of protecting some people from risk. 
 

Rethinking the household: the impacts of transfers

Markus Goldstein's picture
Two weeks ago, I blogged about some productive impacts of cash transfer programs.   For these effects, as well as the myriad other blog posts and papers on this topic out there, a key point is that the benefits of these transfers extend well beyond the actual individual recipient of the transfer.