The Impact of Income Maintenance Programs on Hours of Work and Incomes of the Working Poor


Book Description

Negative income tax programs are discussed in regard to how they affect work incentives in two ways, both of which tend to reduce the labor supply. First, they pay a subsidy to participating families. Second, they impose a tax rate on earnings, which encourages those who are taxed to reduce their work effort. The first program effect on incentives is called an income effect and the second a substitution effect.
















Income Maintenance Programs


Book Description




Income Maintenance Programs


Book Description




Income Maintenance


Book Description

Selection of interdisciplinary research papers exploring possible behavioural responses of low income families to various configurations of social policy in the area of guaranteed income and the alleviation of poverty in the USA - analyses responses to various experimental programmes, including the negative income tax schemes, etc., and attemps to derive priorities for further research. References and statistical tables.