Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective?
Amacher, R., & Pate, J. (2013). Microeconomics principles and policies [Electronic version].
Chapter 12: Marginal Productivity Theory and Labor Markets
Chapter 13: Poverty, Inequality, and Income Redistribution Policies
Chapter 14: Government Failure and Public Choice
Chapter 15: Global Trade
