When financial work incentives pay for themselves: evidence from a randomized social experiment for welfare recipients
成果类型:
Article; Proceedings Paper
署名作者:
Michalopoulos, C; Robins, PK; Card, D
署名单位:
University of Miami; University of California System; University of California Berkeley
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/j.jpubeco.2002.02.001
发表日期:
2005
页码:
5-29
关键词:
welfare reform
financial incentives
welfare-to-work programs
labor supply
social experimentation
摘要:
This paper summarizes early findings from a social experiment that provided financial incentives for new welfare recipients to leave welfare and work full time. The financial incentive was essentially a negative income tax with a requirement that people work at least 30 h/week. Early results show that the financial incentive increased full-time employment, earnings, and income, and reduced poverty. Furthermore, at the end of the period discussed in this paper, the program was paying for itself through increased tax revenues. (C) 2004 Published by Elsevier B.V.
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