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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24312 |
来源ID | Working Paper 24312 |
The Labor Market Impacts of Universal and Permanent Cash Transfers: Evidence from the Alaska Permanent Fund | |
Damon Jones; Ioana Marinescu | |
发表日期 | 2018-02-12 |
出版年 | 2018 |
语种 | 英语 |
摘要 | How would universal and permanent cash transfers affect the labor market? Since 1982, all Alaskan residents have received a yearly cash dividend from the Alaska Permanent Fund. Using data from the Current Population Survey and a synthetic control method, we show that the dividend had no effect on employment, and increased part-time work by 1.8 percentage points (17%). We calibrate expected micro and macro effects of the cash transfer using prior literature, and find our results to be consistent with cash stimulating the local economy — a general equilibrium effect. We further show that non-tradable sectors have a more positive employment response than tradable sectors. Overall, our results suggest that a universal and permanent cash transfer does not significantly decrease aggregate employment. |
主题 | Public Economics ; Taxation ; Health, Education, and Welfare ; Poverty and Wellbeing ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w24312 |
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/581983 |
推荐引用方式 GB/T 7714 | Damon Jones,Ioana Marinescu. The Labor Market Impacts of Universal and Permanent Cash Transfers: Evidence from the Alaska Permanent Fund. 2018. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24312.pdf(3325KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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