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Tests the hypothesis that the negative effect of a negative income tax (NIT) on employment and output is muted to the extent that those who reduce their work effort are replaced by the unemployed. Factors that determine the size of the replacement effect; Explanation of the minimum impact of NIT...
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This paper assesses the effectiveness of means-tested and social insurance programs in the United States. The U.S. benefit system has a major impact on poverty rates, reducing the percentage of the poor in 2004 from 29 to 13.5 percent. The system reduces poverty the most for persons with...
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<DIV>Few United States government programs are as controversial as those designed to aid the poor. From tax credits to medical assistance, aid to needy families is surrounded by debate—on what benefits should be offered, what forms they should take, and how they should be administered. The past few...</div>
Persistent link: https://www.econbiz.de/10011156073
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<DIV>Few United States government programs are as controversial as those designed to aid the poor. From tax credits to medical assistance, aid to needy families is surrounded by debate—on what benefits should be offered, what forms they should take, and how they should be administered. The past few...</div>
Persistent link: https://www.econbiz.de/10011188937
The decline in the employment-population ratios for men and women over the period 2000-2007 prior to the Great Recession represents an historic turnaround in the evolution of U.S. employment. The decline is disproportionately concentrated among the less educated and younger groups within the...
Persistent link: https://www.econbiz.de/10010819739
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All developed economies have unemployment benefit programs to protect workers against major income losses during spells of unemployment. By enabling unemployed workers to meet basic consumption needs, the programs protect workers from having to sell their assets or accept jobs below their...
Persistent link: https://www.econbiz.de/10010884427