This thoroughly updated second edition incorporates key ideas and discussions on issues such as wider economic impacts, the treatment of risk and the importance of institutional arrangements in ensuring the correct use of technique. Gines de Rus considers whether public decisions, such as investing in high-speed rail links, privatizing a public enterprise or protecting a natural area, may improve social welfare. Key features include: A comprehensive overview of the philosophy of the Cost-Benefit Analysis approach to appraisal to engage students with a basic model for informing responsible decision-making Expert blending of relevant case studies with insightful analysis, enabling students to see the model's application to real-world scenarios An accessible and readable style, which encourages classroom discussions as well as insights for the practical application of this economic tool. Introduction to Cost-Benefit Analysis is an ideal textbook for graduate and advanced undergraduate students of economics, engaging with important ideas and the latest thinking in the field. It will also benefit economists and practitioners involved in the economic evaluation of projects. Acclaim for the first edition: 'In Introduction to Cost-Benefit Analysis, Gines de Rus provides the conceptual foundations of a cost-benefit analysis undertaken for public investments. . .This book serves well as an introductory textbook for courses in urban planning, public economics, and policy and program evaluation for advanced undergraduate and graduate students. . .economists may find it useful as a guide of the basics of cost-benefit analysis.' - Uma Kelekar, Journal of Planning Education and Research 'Gines de Rus has produced an excellent book which will be very useful to advanced undergraduate and graduate students in public economics as well as to professional economists working with project evaluations. The book can serve as a manual for how to undertake best-practice project analysis within a broad range of projects but in particular within the transportation sector. This text is highly recommended.' - Per-Olov Johansson, Stockholm School of Economics, Sweden 'This book shows that cost-benefit analysis does not need to be an esoteric and arcane subject. In a step-by-step presentation, with little more than introductory microeconomics, some clear reasoning, and many examples, Professor Gines de Rus presents the essentials of applied welfare economics concepts. Any undergraduate student or practitioner who wants to start their training in CBA should consider reading this text.' - Massimo Florio, University of Milan, Italy

'A brilliant expose' - Danny Dorling Covid-19 has exposed the limits of a neoliberal public health orthodoxy. But instead of imagining radical change, the left is stuck in a rearguard action focused on defending the NHS from the wrecking ball of privatisation. Public health expert Christopher Thomas argues that we must emerge from Covid-19 on the offensive - with a bold, new vision for our health and care. He maps out five new frontiers for public health and imagines how we can move beyond safeguarding what we have to a radical expansion of the principles put forward by Aneurin Bevan, the founder of the NHS, over 70 years ago. Beyond recalibrating our approach to healthcare services, his blueprint includes a fundamental redesign of our economy through Public Health Net Zero; a bold new universal public health service fit to address the real causes of ill health; and a major recalibration in the efforts against the epidemiological reality of an era of pandemics.

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Written by James Midgley, a leading authority on international social policy and social development, this Advanced Introduction offers a concise, readable and wide-ranging overview of how protection schemes such as social assistance, social insurance, employer mandates and social allowances promote social welfare by meeting peoples' income needs and improving their living standards. It defines the field, traces its historical evolution, discusses the contribution of theories and ideologies and examines its impact on poverty. Key features include: Discussion of the impact of social protection on incomes and living standards and considers the role of social protection in the economy, politics and society Examination of the role of theories and ideologies in social protection A global perspective with a special focus on social protection in the Global South An accessible analysis of the challenges facing social protection and the way these are being dealt with. This perceptive Advanced Introduction will be an excellent resource for both graduates and undergraduates studying public and social policy, economics and the social sciences. It will also be a useful guide for civil servants and officials in international agencies as well as social protection practitioners in non-profits and community organizations.

The Social Security Handbook: Overview of Social Security Programs, 2021 provides information about Social Security programs and services, and identifies rights and obligations under the Social Security laws.The completely updated Handbook, organized by section number, is a readable, easy-to-understand reference for comprehending complex Social Security programs and services and contains information on several topics relevant to Social Security policies: How Social Security programs are administered Who is and isn't covered under retirement, survivors, disability, and hospital insurance programs Who is responsible for submitting the necessary evidence to support a claim How claims are processed by the Social Security office What Social Security benefits are owed to you How to obtain information about your rights under Social Security policy The Handbook is designed to help users understand the gray areas of the Social Security Act, and to provide critical information about rights and obligations under Social Security laws. The Handbook outlines how to: Protect your benefits and avoid benefit loss; Monitor government agencies and get information about policy changes that will affect your benefits; Make the most of hospital and Medicare coverage; Determine the amount of benefits that are subject to federal income taxes; Check Social Security earnings and benefits; and Get up-to-date news about future Social Security programs and services.

The Social Security Handbook: Overview of Social Security Programs, 2021 provides information about Social Security programs and services, and identifies rights and obligations under the Social Security laws. The completely updated Handbook, organized by section number, is a readable, easy-to-understand reference for comprehending complex Social Security programs and services and contains information on several topics relevant to Social Security policies: *How Social Security programs are administered *Who is and isn't covered under retirement, survivors, disability, and hospital insurance programs *Who is responsible for submitting the necessary evidence to support a claim *How claims are processed by the Social Security office *What Social Security benefits are owed to you *How to obtain information about your rights under Social Security policy The Handbook is designed to help users understand the gray areas of the Social Security Act, and to provide critical information about rights and obligations under Social Security laws. The Handbook outlines how to: *Protect your benefits and avoid benefit loss; *Monitor government agencies and get information about policy changes that will affect your benefits; *Make the most of hospital and Medicare coverage; *Determine the amount of benefits that are subject to federal income taxes; *Check Social Security earnings and benefits; and *Get up-to-date news about future Social Security programs and services.

The election of Barack Obama in the midst of the 2008 economic downturn brought hope to millions and presented an opportunity for expanding socio-economic rights. But the Obama administration was consistently constrained by the challenges of divided government, and the now threatened Affordable Care Act ('Obamacare') remains the stand-out welfare reform of his Presidency. Using new research, Anne Daguerre examines Obama's legacy on welfare and antipoverty policies, focusing in particular on the Temporary Assistance for Needy Families (TANF) and the Supplemental Nutrition Assistance Program (SNAP). The book provides an up-to-date account of the contemporary politics of poverty and public entitlements in the US, comparing this with the Western European experience and its traditionally strong commitment to social welfare, to assess what lessons can be learned.

This review considers the most significant and contemporary literary contributions to the field of the economics of housing. It discusses articles that cover the housing markets demand and supply whilst considering these factors interactions on real estate valuations, home ownership and wealth decisions. Literature focusing on the interfaces that occur from the dynamics of neighbourhoods and housing prices is analysed and the review delves into how housing markets and their modelling have attracted particular policy interest, such as rent control. Recent analyses of housing markets through a lens that emphasizes the importance of frictions, namely the Diamond-Mortensen-Pissarides (DMP) model is also extended upon. This review promises to be an informative read to scholars and academics who are immersed in this fascinating topic.

The Social Security Handbook: Overview of Social Security Programs, 2022 provides information about Social Security programs and services, and identifies rights and obligations under the Social Security laws.The completely updated Handbook, organized by section number, is a readable, easy-to-understand reference for comprehending complex Social Security programs and services and contains information on several topics relevant to Social Security policies: How Social Security programs are administered Who is and isn't covered under retirement, survivors, disability, and hospital insurance programs Who is responsible for submitting the necessary evidence to support a claim How claims are processed by the Social Security office What Social Security benefits are owed to you How to obtain information about your rights under Social Security policy The Handbook is designed to help users understand the gray areas of the Social Security Act, and to provide critical information about rights and obligations under Social Security laws. The Handbook outlines how to: Protect your benefits and avoid benefit loss; Monitor government agencies and get information about policy changes that will affect your benefits; Make the most of hospital and Medicare coverage; Determine the amount of benefits that are subject to federal income taxes; Check Social Security earnings and benefits; and Get up-to-date news about future Social Security programs and services.

Both growth and unevenness in the distribution of housing wealth have become characteristic of advanced societies in recent decades. This book examines, in various contexts, how central housing property ownership has become to household well-being as well as in reshaping social, economic and political relations. Expert contributors analyze the critical interactions between housing and wealth that lie at the heart of contemporary forms of capitalism, especially its global, neoliberal incarnation. Comparing and contrasting case studies from across the European continent, this book illustrates how these interactions are reshaping the function of housing as a welfare object, including how the financialisation and commodification of housing in the twenty-first-century has transformed its role and amplified distributional outcomes. Practical and engaging, Housing Wealth and Welfare is a must-read for researchers and students of housing studies, social policy, sociology, social geography and political science. It will also appeal to policy makers within national and supra-national organisations and institutions such as the European Union, Housing Europe and the International Monetary Fund. Contributors include: B. Bengtsson, S. Buchholz, C. Dewilde, J. Doling, T.P. Gerber, K. Kolb, S. Koeppe, C. Lennartz, S. Mandic, M. Mrzel, M. Norris, R. Ronald, H. Ruonavaara, B.A. Searle, A.M. Soaita, J. Sorvoll, A. Wallace, J.R. Zavisca

This innovative book provides the first in-depth analysis of participatory income and its potential role in countering endemic poverty and unemployment in high-income countries. Heikki Hiilamo reviews the concept of basic income and specific basic income experiments before presenting participatory income as a viable alternative in the fight against poverty. Highly topical, chapters explore pressing issues such as the effects of automation on the future of work and the links between social protection and eco-social transition. Putting forward the argument that any reform of social assistance should continue to enforce reciprocity with reduced means-testing, Hiilamo explores the practical advantages of the participation income model in reducing poverty and developing an eco-social welfare model. Tackling one of the most heated current debates in social policy, this book will be a key resource for scholars and students in this field, particularly those with a focus on welfare and labour economics, labour policy and the sociology of work. Its use of examples and case studies will also benefit practitioners and policy makers.

The Social Security Handbook: Overview of Social Security Programs, 2022 provides information about Social Security programs and services, and identifies rights and obligations under the Social Security laws. The completely updated Handbook, organized by section number, is a readable, easy-to-understand reference for comprehending complex Social Security programs and services and contains information on several topics relevant to Social Security policies: *How Social Security programs are administered *Who is and isn't covered under retirement, survivors, disability, and hospital insurance programs *Who is responsible for submitting the necessary evidence to support a claim *How claims are processed by the Social Security office *What Social Security benefits are owed to you *How to obtain information about your rights under Social Security policy The Handbook is designed to help users understand the gray areas of the Social Security Act, and to provide critical information about rights and obligations under Social Security laws. The Handbook outlines how to: *Protect your benefits and avoid benefit loss; *Monitor government agencies and get information about policy changes that will affect your benefits; *Make the most of hospital and Medicare coverage; *Determine the amount of benefits that are subject to federal income taxes; *Check Social Security earnings and benefits; and *Get up-to-date news about future Social Security programs and services.

Pinder explores how globalization has shaped, and continues to shape, the American economy, which impacts the welfare state in markedly new ways. In the United States, the transformation from a manufacturing economy to a service economy escalated the need for an abundance of flexible, exploitable, cheap workers. The implementation of the Personal Responsibility Work Opportunity Reconciliation Act (PRWORA), whose generic term is workfare, is one of the many ways in which the government responded to capital need for cheap labor. While there is a clear link between welfare and low-wage markets, workfare forces welfare recipients, including single mothers with young children, to work outside of the home in exchange for their welfare checks. More importantly, workfare provides an "underclass" of labor that is trapped in jobs that pay minimum wage. This "underclass" is characteristically gendered and racialized, and the book builds on these insights and seeks to illuminate a crucial but largely overlooked aspect of the negative impact of workfare on black single mother welfare recipients. The stereotype of the "underclass," which is infused with racial meaning, is used to describe and illustrate the position of black single mother welfare recipients and is an implicit way of talking about poor women with an invidious racist and sexist subtext, which Pinder suggests is one of the ways in which "gendered racism" presents itself in the United States. Ultimately, the book analyzes the intersectionality of race, gender, and class in terms of welfare policy reform in the United States.

Welfare State, Universalism and Diversity is a thought-provoking book dealing with key ideas, values and principles of social policies and asking what exactly is meant by universal benefits and policies? Is the time of post-war universalism over? Are universalism and diversity contradictory policy and theory framings? Well-known scholars from different countries and fields of expertise provide a historically informative and comprehensive view on the making of universal social policies. Universalism is defined and implemented differently in the British and Scandinavian social policies. Service universalism is different from universalism in pensions. The book underlines the multiple and transformative nature of universalism and the challenge of diversity. There certainly is need for a greater diversity in meeting citizen s needs. Yet, universalism remains a principle essential for planning and implementing sustainable and legitimate policies in times characterized by complex interdependences and contradictory political aims. This impressive book is an attempt to untangle the multiple meanings of universalism and clarify the concept's relevance to contemporary policy debates. It will prove invaluable for students, researchers and practitioners in social policy, public policy, social administration, social welfare, social history, social work, sociology and political sciences. Policy makers and administrators involved with social and public policies, social services, social welfare, and social work will also find this book groundbreaking. Contributors: A. Anttonen, A. Borchorst, J. Clarke, J. Goul Andersen, L. Haikio, B. Hvinden, M. Kautto, J. Newman, J. Sipila, K. Stefansson, M. Szebehely, M. Vabo

Nutrition Economics: Principles and Policy Applications establishes the core criteria for consideration as new policies and regulations are developed, including application-based principles that ensure practical, effective implementation of policy. From the economic contribution of nutrition on quality of life, to the costs of malnutrition on society from both an individual and governmental level, this book guides the reader through the factors that can determine the success or failure of a nutrition policy. Written by an expert in policy development, and incorporating an encompassing view of the factors that impact nutrition from an economic standpoint (and their resulting effects), this book is unique in its focus on guiding other professionals and those in advanced stages of study to important considerations for correct policy modeling and evaluation. As creating policy without a comprehensive understanding of the relevant contributing factors that lead to failure is not an option, this book provides a timely reference.

Governance is now a major topic in political science. To date, analysts of governance have paid scant attention to social policy or welfare state reform. In this book, the concept of governance is used to analyse the outgoing variety of the welfare mix as well as shifting responsibilities and modes of interaction. This unique and path-breaking work analyses the governance of welfare state reform in the areas of health, pensions, labour market and education policy. The authors compare both the different processes of reform (politics) and the change of policies in different welfare state regimes. They question if the change of regulatory structures results in growing convergence or ongoing divergence of welfare states. Governance of Welfare State Reform will be essential reading for researchers and students interested in social policy and governance studies. Political scientists, sociologists and social policymakers will also find this book an invaluable read.

The modern welfare state finds itself in the middle of two major upheavals: the impact of technology and immigration. Having taken in more refugees per capita than most other countries, the pillars of the Swedish welfare state are being shaken, and digital technologies are set to strengthen already existing trends towards job and wage polarization. The development of skills to keep pace with technology will enter into a critical period for the labor market in which inadequate policy responses could result in further inequality and polarization. In this regard, a platform-based labor market could help by opening up a vast range of new work opportunities. Marten Blix examines the implications of these trends that drive change in developed economies and, in particular, the impact that they have on Sweden and other European countries with rigid labor markets and comprehensive tax-financed welfare services. Increasing costs from immigration and rising inequality could further reduce the willingness to pay high taxes and erode support for redistribution. Failure to address challenges like this one could herald much more drastic changes down the road. There are already signs of economic and political tensions and there is a risk that the social contract could crack. This new discussion on the future of work and the welfare state will be of interest not only to scholars but in policy circles and corresponding societies in sociology, labor relations, political science and public administration.

Inheritances are often regarded as a societal "evil, " enabling great fortunes to be passed from one generation to another, thus exacerbating wealth inequality and reducing wealth mobility. Discussions of inheritances in America bring to mind the Vanderbilts, Rockefellers, and "trust fund babies "--people who receive enough money through inheritances or gifts that they do not have any need to work during their lifetime. Though these are, of course, extreme outliers, inheritances in America have a reputation for being a way the rich keep getting richer. In Inheriting Wealth in America, Edward Wolff seeks to counter these misconceptions with data and arguments that illuminate who inherits what in the United States and what results from these wealth transfers. Using data from the Survey of Consumer Finances--a triennial survey conducted by the Federal Reserve Board that contains detailed information on household wealth, inheritances, and gifts--as well as the Panel Study of Income Dynamics and a simulation model over years 1989 to 2010, Wolff reports six major findings on the state of inheritances in America. First, wealth transfers (inheritances and gifts) accounted for less than one quarter of household wealth. However, for persons age 75 and over, the figure was about two-fifths since they have more time to receive wealth transfers. Indirect evidence, derived from the simulation model, indicates a figure closer to two-thirds at end of life - probably the best estimate. Second, despite prognostications of a coming "inheritance boom, " it has not materialized yet. Only a small (and statistically insignificant) uptick in average wealth transfers was observed over the period, and wealth transfers were actually down as a share of household wealth. Third, while wealth transfers are greater in dollar amount for richer households than poorer ones, they constitute a smaller share of the accumulated wealth of the rich. Fourth, contrary to popular belief, inheritances and gifts, on net, reduce wealth inequality rather than raising it. The rationale is that inheritances and particularly gifts typically flow from richer to poorer persons, thus lowering wealth inequality. Fifth, despite a rapid rise in income inequality, the inequality of wealth transfers shows no discernible time trend from 1989 to 2010, neither upward nor downward. Sixth, among the very wealthy, the share of wealth accounted for by wealth transfers is surprisingly low, only about a sixth, and this share has trended significantly downward over time. It is true that inheritances and gifts are unequal, with only one fifth of families receiving wealth transfers and these transfers benefitting the rich far more than the middle class and the poor. That, however, is not the whole picture of inheritances in America. Clearly-written and illuminating, this books expertly distills an abundance of data on inheritances into important takeaways for all who wonder about the current state of inheritances and gifts in the United States.

This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Detailed analyses of poverty and wellbeing in developing countries, based on household surveys, have been ongoing for more than three decades. The large majority of developing countries now regularly conduct a variety of household surveys, and the information base in developing countries with respect to poverty and wellbeing has improved dramatically. Nevertheless, appropriate measurement of poverty remains complex and controversial. This is particularly true in developing countries where (i) the stakes with respect to poverty reduction are high; (ii) the determinants of living standards are often volatile; and (iii) related information bases, while much improved, are often characterized by significant non-sample error. It also remains, to a surprisingly high degree, an activity undertaken by technical assistance personnel and consultants based in developed countries. This book seeks to enhance the transparency, replicability, and comparability of existing practice. In so doing, it also aims to significantly lower the barriers to entry to the conduct of rigorous poverty measurement and increase the participation of analysts from developing countries in their own poverty assessments. The book focuses on two domains: the measurement of absolute consumption poverty and a first order dominance approach to multidimensional welfare analysis. In each domain, it provides a series of flexible computer codes designed to facilitate analysis by allowing the analyst to start from a flexible and known base. The book volume covers the theoretical grounding for the code streams provided, a chapter on 'estimation in practice', a series of 11 case studies where the code streams are operationalized, as well as a synthesis, an extension to inequality, and a look forward.

Despite the fact that immigration policy is today one of the most salient political issues in the OECD countries, we know surprisingly little about the factors behind the very different choices countries have made over the last decades when it comes to immigrant admission. Why has the balance between inclusion and exclusion differed so much between countries - and for different categories of migrants? The answer that this book provides is that this is to an important extent a result of how domestic labour market and welfare state institutions have approached the question of inclusion and exclusion, since immigration policy does not stand independent from these central policy areas. By developing and testing an institutional explanation for immigrant admission, this book offers a theoretically informed, and empirically rich, analysis of variation in immigration policy in the OECD countries from the 1980s to the 2000s.

Providing extensive surveys on the most recently developed themes of individual and social well-being, this Handbook offers a comprehensive treatment of less traditional approaches to empirical and theoretical research. The novel complementary perspective by which each topic is addressed presents a broader outlook on the various dimensions of inequality and well-being. Each topic is assessed through two accompanying chapters: first, a detailed study of the theoretical approaches, followed by a supporting chapter of empirical findings. The original contributions cover themes ranging from human development to social exclusion, and from going beyond GDP as the primary indicator of progress to evaluating the persistence of poverty. The chapters also address measures of vulnerability and economic insecurity. The Handbook emphasizes the distributional aspects of inequalities across different groups through the analysis of polarization, segregation, and social fractionalization. This is an excellent Handbook for postgraduates and researchers in the social sciences and economics. The contributions rethink some of the traditional theories and models for measuring inequality and well-being, and push the boundaries for future research. The policy-relevant insights will also be of great use for social policy professionals and analysts. Contributors include: C. Balestra, L. Bellani, R. Boarini, C. Calvo, B. Cantillon, O. Canto, L. Ceriani, S. Chakravarty, N. Chattopadhyhay, M. Ciommi, C. del Rio, I. Dutta, A. Fusco, A. Gabos, C. Gigliarano, E. Giovannini, T. Goedeme, C. Gradin, A.-C. Guio, M. Hoy, C. Lasso de la Vega, R. Mora, L. Osberg, N. Rohde, T. Rondinella, N. Ruiz, E. Savaglio, S. Seth, J. Silber, K.K. Tang, I. Toth, S. Vannucci, P. Verme, A. Villar, O. Volij, G. Yalonetzky, B. Zheng

This outstanding text, a follow-up to the authors' award-winning 1982 text, provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. The authors illustrate how this theory can be used to develop policy analysis from both theory and estimation in a variety of areas including: international trade, the economics of technological change, agricultural economics, the economics of information, environmental economics, and the economics of extractive and renewable natural resources. Building on willingness-to-pay (WTP) measures as the foundation for applied welfare economics, the authors develop measures for firms and households where households are viewed as both consumers and owner/sellers of resources. Possibilities are presented for (1) approximating WTP with consumer surplus, (2) measuring WTP exactly subject to errors in existing econometric work, and (3) using duality theory to specify econometric equations consistent with theory. Later chapters cover specific areas of welfare measurement under imperfect competition, uncertainty, incomplete information, externalities, and dynamic considerations. Applications are considered explicitly for policy issues related to information, international trade, the environment, agriculture, and other natural resource issues. The Welfare Economics of Public Policy is ideal for graduate and undergraduate courses in applied welfare economics, public policy, agricultural policy, and environmental economics and provides an essential reference for practitioners of applied welfare economics.