Savings

insights

One econometric model predicts a NIT implies a 13% drop in the savings rate and a subsequent 22% reduction in the capital stock. A child allowance costing $100 billion per year is estimated to reduce expenditures on children's and parents' healthcare costs by $3.5 billion per year. One econometric model predicts a NIT implies a 13% drop in the savings rate and a subsequent 22% reduction in the capital stock.

sources

NIT Picking: The macroeconomic effects of a negative income tax A Child Allowance Could be Worth Eight Times the Cost The Costs and Benefits of a Child Allowance

authors

Martin Lopez-Daneri David Koggan Laurel Sariscsany Christopher Wimer Sophie Collyer Elizabeth Ananat Irwin Garfinkel

reports