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What are the effects of universal and permanent cash transfers on the labor market? Since 1982, all Alaskan residents have been entitled to a yearly cash dividend from the Alaska Permanent Fund. Using data from the Current Population Survey and a synthetic control method, we show that the...
Persistent link: https://www.econbiz.de/10011803165
One major criticism of universal basic income is that unconditional cash transfers discourage recipients from working. We estimate the causal effects of a universal cash transfer on short-run labor market activity by exploiting the timing and variation of a long-running unconditional and...
Persistent link: https://www.econbiz.de/10012849804
This paper analyzes employer-provided student loan repayment assistance programs to determine their overall effectiveness for clients who are federal student loan borrowers.Borrowers who have a manageable student loan balance and are planning on paying off their federal student loans on the...
Persistent link: https://www.econbiz.de/10012866264
We examine whether easy and early access to old-age benefits induce older workers to become inactive. We use Polish LFS data. We find added worker effect prevailing over discouraged worker effect. The latter arises after a few quarters and is asymmetric. Females permanently leave the workforce....
Persistent link: https://www.econbiz.de/10011661405
Little is known yet about the impact of the COVID crisis on household income and jobs in absence of real time information on these variables. A recent literature strand has sought to overcome data limitations to assess the distributional impact of policy measures taken in the EU using various...
Persistent link: https://www.econbiz.de/10012593843
We study the impact of a national cash transfer program in Vietnam on labor supply using large household surveys and a regression-discontinuity design based on discontinuity in age eligibility. We do not find evidence of a disincentive effect of the cash transfer on labor supply for adults aged...
Persistent link: https://www.econbiz.de/10014228214
We estimate the extensive and intensive margin labor supply response to the monthly Child Tax Credit disbursed in 2021 as a part of the American Rescue Plan Act. Using Current Population Survey microdata, we compare labor supply outcomes among households who qualify for varying relative...
Persistent link: https://www.econbiz.de/10014357156
This research evaluates the impact on German household labor supply of various subsidy schemes proposed to foster low-wage employment. Using data from the German Socio-Economic Panel, we estimate a discrete choice model of household labor supply. On the basis of the estimated labor supply...
Persistent link: https://www.econbiz.de/10011415060
The Child Tax Credit (CTC) is a major earnings subsidy in the US tax and transfer system, but its effects have received little research attention compared to the Earned Income Tax Credit. I identify the effects of the CTC on extensive margin labor supply using a difference-in discontinuities...
Persistent link: https://www.econbiz.de/10012840808
One of the principle aims of the Working Families' Tax Credit in the UK was to increase the participation of those with low labour market attachment. The literature to date concludes that for lone mothers there was approximately a 5% point increase in employment. The differences-in-differences...
Persistent link: https://www.econbiz.de/10012729595