Series: IMF Working Papers
Author(s): Chandra Bhambhri , and Parkash Chander
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 September 2001
Keywords: subsidy, reforms, quality, deadweight loss, budgetary constraints, fiscal savings, fiscal balance, Consumer Economics: Theory, Publicly Provided Private Goods, Fiscal Policies And Behavior Of Economic Agents
This paper presents a general framework for characterizing the optimal pattern of subsidies for poverty alleviation under budgetary constraints and suggests possible reforms for the existing pattern of subsidies. T...