2 Question Two Chapter 2 5 points After thoroughly re.pdf

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2. Question Two (Chapter 2) : (5 points) After thoroughly reading and analyzing the IFPRI Impact Assessment of Egypts Takaful and Karama Cash Transfer Program and studying the US Income Maintenance (as examples of non- labor income) in class, answer the following questions: a) Outline the similarities and differences between the two programs? (No need for a graph) b) Who are the typical beneficiaries of such programs? Explain why? (No need for a graph) c) Do these programs provide incentives or disincentives for beneficiaries to work (relate your response to the notion of reservation wages)? d) Give an example of an alternative type of policy that would incentivize labor force participation. What are the advantages of this policy (again refer in your answer to the relationship to the concept of reservation wages)? Are there any disadvantages of such a policy? (No need for a graph)..

2. Question Two (Chapter 2) : (5 points)
After thoroughly reading and analyzing the IFPRI Impact Assessment of Egypts Takaful and
Karama Cash Transfer Program and studying the US Income Maintenance (as examples of non-
labor income) in class, answer the following questions:
a) Outline the similarities and differences between the two programs? (No need for a graph)
b) Who are the typical beneficiaries of such programs? Explain why? (No need for a graph)
c) Do these programs provide incentives or disincentives for beneficiaries to work (relate your
response to the notion of reservation wages)?
d) Give an example of an alternative type of policy that would incentivize labor force participation.
What are the advantages of this policy (again refer in your answer to the relationship to the
concept of reservation wages)? Are there any disadvantages of such a policy? (No need for a
graph).

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