Crowding-out Effect of the Current Food Stamp Subsidy Scheme
We construct a model to illustrate that the current food stamp subsidy scheme fails to achieve its stated aim due to the crowding-out effect. More specifically, if the household income is sufficiently low, only a corner solution exists, and a full subsidy is needed.
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2011
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1343 https://ink.library.smu.edu.sg/context/soe_research/article/2342/viewcontent/Crowding_out_Food_Stamp_2010_afv.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | We construct a model to illustrate that the current food stamp subsidy scheme fails to achieve its stated aim due to the crowding-out effect. More specifically, if the household income is sufficiently low, only a corner solution exists, and a full subsidy is needed. |
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