Employment

insights

“ We re-analyze the data from seven randomized controlled trials of government-run cash transfer programs in six developing countries throughout the world, and find no systematic evidence that cash transfer programs discourage work.” A $6k/year UBI funded by an 11.25% payroll tax is modeled to decrease hours worked by households by 3.2% A revenue-neutral shift to a pure land value tax in the state of New Hampshire is projected to raise total employment by 0.35% and raise gross state product by 0.36% A $1,000 increase in average CTC is associated with a 1.1% increase in labor force participation of single mothers Stockton's SEED basic income experiment found that the unconditional cash transfers removed material barriers to improving their economic position. In particular, recipients were able to reduce the number of part-time shifts to seek stronger positions, complete unpaid training and internship programs, and even take on greater risk in search of greater opportunities. Recipients of Stockton's unconditional basic income obtained full-time employment at more than twice the rate of non-recipients.

sources

Effects of the Expanded Child Tax Credit on Employment Outcomes Underreporting and Experimental Effects on Work Effort: Evidence from the Gary Income Maintenance Experiment. Systematic Misreporting and Effects of Income Maintenance Experiments on Work Effort: Evidence from the Seattle-Denver Experiment. NIT Picking: The macroeconomic effects of a negative income tax Could we end poverty in a postindustrial society? The case for a progressive negative income tax. Expanding the Discourse on Antipoverty Policy: Reconsidering a Negative Income Tax

authors

Zachary Parolin Christal Hamilton Benjamin Glasner Elizabeth Ananat John Friedman Robert Moffitt David Greenberg Harlan Halsey

reports

Basic Income Social Wealth Fund Land Value Tax