Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

select a policy that meets the following criteria (if need be, two out of the three will work as well). a policy that could diminish

select a policy that meets the following criteria (if need be, two out of the three will work as well).

  • a policy that could diminish racial or gender inequality on some dimension (wages,housing,etc).
  • a policy that could target the wealthy -but NOT an income tax on millionaires
  • a policy that could target extreme poverty.

Next, select another policy from a different jurisdiction to analyze the differences and answer the following:

1. Briefly describe the main components of each policy.

2. Why would this policy lead to changes in inequality, that is: What economicchanges and results do you expect? By what mechanism would change happen?What measures of inequality, wealth, or poverty do you think would change as a result of the policy? What distributional effects would there be or what overall effects on the economy in the jurisdiction?

3. Which policy do you think is more important and what recommendations you would make to improve this policy?

4. Design a research experiment plan to survey and test your proposed recommendations. What would be the research design? What are some important research methods concerns you should be aware of? What would be some limitations to your experiment?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Development And The Environment Perspectives On Sustainability

Authors: Joel Darmstadter

1st Edition

1317335686, 9781317335689

More Books

Students also viewed these Economics questions