1. Poverty, Growth and the Trickle Down Effect
Through his note "Poverty and Economic Growth: Has Trickle Down Petered Out?... TAL's results suggest that economic growth has little direct effect on families headed by females or the elderly only. ... Third, TAL's policy implication regarding the greater reliance on programs aimed directly at the poor does not necessarily follow from their analysis. An absolute analysis of trickle down from which policy implications can be drawn requires time-series data on both money and non-money transfers to the poor, as well as estimates of the supply response to these transfers. ... Last but n...
- Word Count: 523
- Approx Pages: 2
- Grade Level: Undergraduate