Athreya, Kartik B.; Reilly, Devin; Simpson, Nicole B. - Federal Reserve Bank of Richmond - 2014
aspect of the EITC that has received little attention thus far is its role as a public insurance program. Yet, the structure … to both wages and changes in family structure. Our study provides the first quantitative statement about the insurance … demographic risk, but have only limited self-insurance capacity. We use the model to compare outcomes under the EITC to the …
