Hutchins Roundup: High-wage cities, monetary policy spillovers, and more
Hutchins Roundup: High-wage cities, monetary policy spillovers, and more
- November 8, 2018
- David Neumark, economics, via Brookings, Nov. 8, 2018
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Using census data from 1970 to 2010, David Neumark and Brittany Bass of the of the University of California at Irvine and Brian Asquith of the W.E. Upjohn Institute show that the EITC and welfare benefits with time limits increase employment and reduce poverty and dependence on government benefits over the long run, while welfare benefits with no time limits actually increase poverty and public assistance.
For the full story, please visit https://www.brookings.edu/blog/up-front/2018/11/08/hutchins-roundup-high-wage-cities-monetary-policy-spillovers-and-more/.
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