Robin-Hooding Rents: Exploiting the Pecuniary Effects of In-Kind Programs
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The pecuniary effects of cash and in-kind programs differ. A program that builds housing for the poor, for example, is likely to result in a lower price of existing low-income housing than would an equally costly cash transfer program. Low-income renters in general would benefit; landlords would
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美国国家经济研究局创建时间：
1992-07-01
