Abstract:"Social protection benefits could theoretically lead to a distortion in marginal incentives given by market prices and, therefore, could have negative impacts on microeconomic behaviours potentially related to economic growth, such as saving and labour supply. On the other hand, they could allow liquidity- and credit-constrained individuals and households to invest in education, in a new business or even in migrating to places where they could make better use of their skills". (...)

Keywords:Impacts, social protection, benefits, behaviours, inclusive growth, literature, review
Publication Date:
Type/Issue:One Pager/422
ISSN:2318-9118

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