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Welfare Reform and the Labor Market / Marc K. Chan, Robert A. Moffitt.
- Format:
- Book
- Author/Creator:
- Chan, Marc K.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w24385.
- NBER working paper series no. w24385
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- This paper reviews the basic theoretical models that are appropriate for analyzing different types of welfare reforms, and the related empirical literature. We first present the canonical labor supply model of a classical welfare program, and then extend this basic framework to include in-kind transfers, incomplete take-up, human capital, preference persistence, and borrowing and saving. The empirical literature on these models is presented. The negative income tax, earnings subsidies, US welfare reforms with features that differ from those in other countries, and child care reforms are then surveyed both in terms of the theoretical model and the empirical literature surrounding each.
- Notes:
- Print version record
- March 2018.
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