Poverty, Labour Supply and Welfare when Utility Depends on a Poverty Level

John Creedy

No 535, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: The present paper examines a simple extension of the standard labour supply model in which a poverty level is introduced at the individual level as a component of the untility function.

Keywords: POVERTY; LABOUR MARKET (search for similar items in EconPapers)
JEL-codes: I30 I32 J21 (search for similar items in EconPapers)
Pages: 26 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:mlb:wpaper:535

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