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Families, Taxes and the Welfare System
by Nicole B. Simpson
(April 2013)
forthcoming in: Family Economics: How Households Impact Markets and Economic Growth ed. by Esther Redmount, ABC-CLIO.

Abstract:
In this paper, I will describe in detail both the Earned Income Tax Credit and the Child Tax Credit in the U.S., including their origins, their structure, and the effects they have on the labor market and family formation. I will then discuss the macroeconomic implications of U.S. welfare reform, and then conclude by analyzing the effectiveness of the U.S. safety net (broadly defined) during the Great Recession of 2007-2008.
Text: See Discussion Paper No. 7369  




 

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