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One-period models predict that a substantial welfare gain would result from removing the social security earnings test. In this article, we show that such models overestimate the size of potential gains. If one uses instead a two-period model, which captures intertemporal effects, the net result...
Persistent link: https://www.econbiz.de/10010783503
Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in poverty rates. They can cost some low-income workers their jobs. And most minimum wage earners who gain from a higher minimum wage do not live in poor (or near-poor) families. A...
Persistent link: https://www.econbiz.de/10010786987
The cross-national intragenerational income mobility literature assumes within-country mobility is invariant over the period measured. We argue that a great social transformation "German reunification"abruptly and permanently altered economic mobility. Using standard measures of mobility (with...
Persistent link: https://www.econbiz.de/10010786997
Atkinson, Piketty, and Saez (2011) survey an important new literature using income taxbased data to measure the share of income held by top income groups. But changes in tax legislation that expand the tax base to include income sources (e.g. capital gains, dividends, etc.) disproportionately...
Persistent link: https://www.econbiz.de/10010858814
The cross-national intragenerational income mobility literature assumes within-country mobility is invariant over the period measured. We argue that a great social transformation--German reunification-- abruptly and permanently altered economic mobility. Using standard measures of mobility (with...
Persistent link: https://www.econbiz.de/10010951108
Working-age people with disabilities are often overlooked in discussions of the latest statistics on employment, income, poverty, and other measures. This book reviews what current data on this population can and cannot tell us, as well as how data quality can be improved to better inform...
Persistent link: https://www.econbiz.de/10010923812
type="main" xml:lang="en" <title type="main">Abstract</title> <p>Economists have long been involved in public policy-making, both as policy advisors and policy advocates. This article revisits the two questions that future Nobel Prize winner, George Stigler, posed to the economics profession in his seminal 1946 American...</p>
Persistent link: https://www.econbiz.de/10011036953
The U.S. federal government’s program that provides cash benefits to low-income families with a disabled child has grown rapidly over the past 25 years. This growth reflects changes in the implementation of the program rather than declines in children’s health or family income....
Persistent link: https://www.econbiz.de/10011027123