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Media type:
Report;
E-Book
Title:
The welfare cost of means-testing: pensioner participation in income support
Contributor:
Hernandez, Monica
[Author];
Pudney, Stephen
[Author];
Hancock, Ruth
[Author]
imprint:
Colchester: University of Essex, Institute for Social and Economic Research (ISER), 2006
Language:
English
Origination:
Footnote:
Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
Description:
We estimate parametric and semi-parametric binary choice models of benefit take-up by British pensioners and use a revealed preference argument to infer the cash-equivalent value of disutility arising from stigma or complexity of the claims process. These implicit costs turn out to be relatively small, averaging about 3-4 per week across Income Support recipients. Using the Foster-Greer-Thorbecke measure of poverty among pensioners, we find that allowing for implicit claim costs incurred by benefit recipients raises the measured degree of poverty by not more than 13%.