{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Class Notes 040908 Poverty and Income Maintenance Part 2

Class Notes 040908 Poverty and Income Maintenance Part 2 -...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
4/9/08 Poverty and Income Maintenance 1.  What are main means-tested transfer programs in U.S.? 2. What is best way to design  transfer programs? 3. What has happened in U.S. policy, and what are the effects? Participation in Transfer Programs Programs listed in CBO Study: Medicaid/SCHIP     —health insurance for low income families EITC     —credit for low earners Food Stamps     —in-kind benefit, mostly for people already getting some cash benefit  (TANF/SSI). AFDC/TANF     --basically for single parents not working SSi     —elderly widows; adults unable to work, who never worked Trends last 20 years :
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Medicaid way up since 1990 EITC way up since 1990 AFDC     /Food Stamps  down a lot since mid-1990s welfare reform Theory of Means-Tested Transfers Concerned about how transfer programs affect labor supply
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: • Use labor/leisure tradeoff (Moffitt) SEE FIGURES A-E IN BINDER Welfare Reform • By early 1990s, welfare programs under attack from many people • Disincentives to work very strong (though EITC, Medicaid changes already starting to work) • Also clear that propensity to choose welfare was being passed from one generation to another—intergenerational transmissions • Led to sharp change in mid-1990s; having a child became an insufficient reason for continuous welfare Question • Has this been a success, or are lots of people worse off than before? • In bottom 20% of income, families with children have seen strong income gains • Mostly because of earnings/EITC...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern