The General Equilibrium Impact of Alternative Antipoverty Strategies.

Bishop, John H.

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Peer reviewed

ERIC Number: EJ202716

Record Type: CIJE

Publication Date: 1979-Jan

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The General Equilibrium Impact of Alternative Antipoverty Strategies.

Bishop, John H.

Industrial and Labor Relations Review, v32 n2 p205-23 Jan 1979

The paper specifies mathematically the demand and supply functions for interacting factor markets to characterize the impact of alternative antipoverty programs. Wage subsidies were found to be the most transfer-efficient, implying that education and training is the most cost-effective means of aiding the low-skilled. (MF)

Descriptors: Cost Effectiveness, Economic Research, Employment Programs, Input Output Analysis, Labor Economics, Labor Force Development, Labor Market, Labor Supply, Mathematical Models, Poverty Programs, Public Policy

Publication Type: Journal Articles; Reports - Research

Education Level: N/A

Audience: N/A

Language: English

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