Describe the main components of policy

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Reference no: EM133083686

Select a policy that meets the following criteria (if need be, two out of the three will work as well).

  • a policy that could diminish racial or gender inequality on some dimension (wages, housing, etc).
  • a policy that could target the wealthy - but NOT an income tax on millionaires
  • a policy that could target extreme poverty.

Visit the attached link for a list of websites that you can find policies from.

Next, select another policy from a different jurisdiction to analyze the differences and answer the following:

1. Briefly describe the main components of each policy. 

2. Why would this policy lead to changes in inequality, that is: What economic changes and results do you expect? By what mechanism would change happen? What measures of inequality, wealth, or poverty do you think would change as a result of the policy? What distributional effects would there be or what overall effects on the economy in the jurisdiction?

3. Which policy do you think is more important and what recommendations you would make to improve this policy?

4. Design a research experiment plan to survey and test your proposed recommendations. What would be the research design? What are some important research methods concerns you should be aware of? What would be some limitations to your experiment?

Reference no: EM133083686

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