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dc.titleResearch Insights: Can Dynamic Targeting Mechanisms Improve the Social Value of Safety Nets?
dc.contributor.authorVera-Cossio, Diego A.
dc.contributor.authorHoffmann, Bridget
dc.contributor.authorVargas, David
dc.contributor.authorBeuermann, Diether
dc.contributor.authorStampini, Marco
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageColombia
dc.date.available2024-06-07T00:06:00
dc.date.issue2024-06-07T00:06:00
dc.description.abstractTraditional proxy-means tests approaches to selecting beneficiaries of social programs can exhibit higher levels of exclusion errors when income fluctuates. These errors can erode the social value of a safety net. Expanding the coverage of the safety net reduces exclusion errors but entails either larger budgets or substantial reduction of benefits. A dynamic targeting approach that includes updated information on labor market and other shocks can reduce targeting errors and increase the social value of the safety net at a substantially lower cost, relative to an expansion of the safety net.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0013011
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Research-Insights-Can-Dynamic-Targeting-Mechanisms-Improve-the-Social-Value-of-Safety-Nets.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-pueden-los-mecanismos-de-seleccion-dinamica-mejorar-el-valor-social-de-las-redes-de-seguridad.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectSocial Protection
dc.subjectHousehold Income
dc.subjectSocial Welfare
dc.subjectBudget
dc.subjectPolitical Economy
dc.subjectEconomy
dc.subjectPoverty
dc.subjectLabor Market
dc.subjectIncome Distribution
dc.subjectSocial Safety Net
dc.subjectPort and Waterway
dc.subjectConditional Cash Transfer
dc.subject.jelcodeI38 - Government Policy • Provision and Effects of Welfare Programs
dc.subject.jelcodeD31 - Personal Income, Wealth, and Their Distributions
dc.subject.jelcodeD63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
dc.subject.keywordsSocial protection;targeting;Household income
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00871
idb.operationRG-K1415
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