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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21340 |
来源ID | Working Paper 21340 |
Effective Policy for Reducing Inequality? The Earned Income Tax Credit and the Distribution of Income | |
Hilary W. Hoynes; Ankur J. Patel | |
发表日期 | 2015-07-13 |
出版年 | 2015 |
语种 | 英语 |
摘要 | In this paper, we examine the effect of the EITC on the employment and income of single mothers with children. We provide the first comprehensive estimates of this central safety net policy on the full distribution of after-tax and transfer income. We use a quasi-experiment approach, using variation in generosity due to policy expansions across tax years and family sizes. Our results show that a policy-induced $1000 increase in the EITC leads to a 7.3 percentage point increase in employment and a 9.4 percentage point reduction in the share of families with after-tax and transfer income below 100% poverty. Event study estimates show no evidence of differential pre-trends, providing strong evidence in support of our research design. We find that the income increasing effects of the EITC are concentrated between 75% and 150% of income-to-poverty with little effect at the lowest income levels (50% poverty and below) and at levels of 250% of poverty and higher. By capturing the indirect effects of the credit on earnings, our results show that static calculations of the anti-poverty effects of the EITC (such as those released based on the Supplemental Poverty Measure, Short 2014) may be underestimated by as much as 50 percent. |
主题 | Public Economics ; Taxation ; Health, Education, and Welfare ; Poverty and Wellbeing |
URL | https://www.nber.org/papers/w21340 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579012 |
推荐引用方式 GB/T 7714 | Hilary W. Hoynes,Ankur J. Patel. Effective Policy for Reducing Inequality? The Earned Income Tax Credit and the Distribution of Income. 2015. |
条目包含的文件 | 条目无相关文件。 |
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