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Transfer payments to poor families are increasingly conditioned on work, either via wage subsidies available only to workers or via work requirements in more traditional welfare programs. Although the effects of such programs on employment are fairly well understood, relatively little is known...
Persistent link: https://www.econbiz.de/10012775834
The British New Deal for Young People began in January 1998. After 6 months of unemployment, 18-24 year olds are mandated to enter a `Gateway' period where they are given extensive job search assistance. If they are unable to obtain an unsubsidised job, then they can enter one of four New Deal...
Persistent link: https://www.econbiz.de/10013244356
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/10013103573
I review evidence on alternative labor market policies that could potentially improve economic self-sufficiency via mandating higher wages, subsidizing employment, or increasing productivity. The evidence indicates that the minimum wage is an ineffective policy to promote economic...
Persistent link: https://www.econbiz.de/10012764337
We study the effects of minimum wages and the EITC in the post-welfare reform era. For the minimum wage, the evidence points to disemployment effects that are concentrated among young minority men. For young women, there is little evidence that minimum wages reduce employment, with the exception...
Persistent link: https://www.econbiz.de/10012777613
Hoynes, Miller and Simon (2015), henceforth HMS, report that the national expansion of the Earned Income Tax Credit (EITC) is associated with decreases in low birth weight. We question their findings. HMS’s difference-in-differences estimates are unidentified in some comparisons, while failed...
Persistent link: https://www.econbiz.de/10013322344
Can one-time informational interventions cause permanent changes in benefit take-up? In the context the Earned Income Tax Credit, we find evidence that reminding individuals of their eligibility has meaningful effects. Reminder notices have the largest effect among taxpayers without kids,...
Persistent link: https://www.econbiz.de/10013043274
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of … inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies … among individuals. Its correlation with both happiness levels and social trust is substantially stronger than the …
Persistent link: https://www.econbiz.de/10013000535
Chronic pain clearly lowers utility, but it is empirically challenging to estimate the monetary compensation needed to offset this utility reduction. We use the subjective well-being method to estimate the value of pain relief among individuals age 50 and older. We use a sample of 64,205...
Persistent link: https://www.econbiz.de/10012950060
of five main measures of well-being: happiness; life satisfaction; whether life is worthwhile; anxiety and depression … in 2010 that is not matched by declines in happiness measures (positive affect). The fear of unemployment obtained from …
Persistent link: https://www.econbiz.de/10012914269