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...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English English |
| Published: |
World Bank, Washington, DC
2022
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/099742509132261027/IDU0b41d2c00053a104e480a7fc0687ec7afed54 http://hdl.handle.net/10986/38010 |