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Twenty-two million families currently receive a total of $34 billion dollars in benefits from the Earned Income Tax Credit (EITC). In fact, the EITC is the largest cash transfer program for lower-income families at the federal level. An unusual feature of the credit is its explicit goal to use...
Persistent link: https://www.econbiz.de/10012466920
paper, we use two sets of individual survey data to study the role of health and financial incentives in early retirement … decisions in Germany, in particular disability benefit uptake. We show that financial incentives to retire do affect sick …
Persistent link: https://www.econbiz.de/10012458775
Measured in percentage points, the Affordable Care Act will, by 2015, add about fourteen times more to average marginal labor income tax rates nationwide than the Massachusetts health reform added to average rates in Massachusetts following its 2006 statewide health reform. The rate impacts are...
Persistent link: https://www.econbiz.de/10012459295
We answer the question posed by the title by specifying and estimating a simple dynamic model of prices, wages, and … product-market and labor-market shocks on prices and nominal wages and to quantify the sources of U.S. pandemic-era inflation …, most of the inflation surge that began in 2021 was the result of shocks to prices given wages. These shocks included sharp …
Persistent link: https://www.econbiz.de/10014322804
We estimate a dynamic model of employment, human capital accumulation - including education, and savings for women in the UK, exploiting tax and benefit reforms, and use it to analyze the effects of welfare policy. We find substantial elasticities for labor supply and particularly for lone...
Persistent link: https://www.econbiz.de/10012459655
Billions of women still face legal barriers to economic inclusion, yet it is unclear whether lifting these barriers is sufficient to enhance their economic participation. We conduct a field experiment to quantify the impact of a major legal reform - the lifting of the Saudi women's driving ban -...
Persistent link: https://www.econbiz.de/10014372471
data show that the reform changed the incentives to remain in the labor force ambiguously: although it induced an income … under some assumptions. We use an econometric model in which the economic incentives to stay in the labor market are …
Persistent link: https://www.econbiz.de/10014421225
Although there is a large literature on the effect of AFDC and Food Stamps on labor supply and welfare participation, there has been little work on the effects of Medicaid, despite its importance in the O.S. transfer system. In this paper we use 1986 data from the Survey of Income and Program...
Persistent link: https://www.econbiz.de/10012475749
In recent years, the study of labor supply has occupied the attention of a large number of economists. With the growth in interest in the topic and with the inevitable diversity of economic models and statistical methods proposed by new entrants in the field, the literature has developed its own...
Persistent link: https://www.econbiz.de/10012478851
Existing research on the static effects of the manipulation of welfare program benefit parameters on labor supply has allowed only restrictive forms of heterogeneity in preferences. Yet preference heterogeneity implies that the marginal effects of welfare reforms on labor supply may differ in...
Persistent link: https://www.econbiz.de/10012479977