Skip to main content

Research Archive

Welcome to Our Research Archive

Search and filter by content type, issue area, author, and keyword

February 12, 2024

Millennials Are Doing Better than You Probably Think

…Five Generations of Americans” by my AEI colleague Kevin Corinth and Jeff Larrimore of the Federal Reserve Board. The economists compared income levels at ages 36–40 across the five generations,…

February 8, 2024

CTC Expansion Rooted in Desire to Roll Back Work-based Welfare

…led by our colleagues Kevin Corinth and Scott Winship, the potential negative employment effects from the proposed lookback policy are notable. We estimated a net employment reduction from a permanent…

February 8, 2024

Another Flawed Analysis Shows that Single Mothers are Highly Sensitive to Changes in Work Incentives

…very close to Corinth et al.’s 0.75. As another reference point, in a review with Kevin Corinth (cited by Bastian), I determined that the mean elasticity for single mothers in…

February 7, 2024

Child Tax Credit Bill Would Increase Marriage Penalties for Working Single Mothers

H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, was passed by the House last week and is now moving to the Senate for consideration. The…

February 6, 2024

Research by a Top Biden Administration Economist Reinforces the Importance of Work Incentives in the Child Tax Credit and the Safety Net

…[9] Bastian also models estimates from Corinth and Meyer that have been incorporated into Appendix B of Corinth et al. (2022). These Appendix B results are not estimates that Corinth

February 2, 2024

Has Intergenerational Progress Stalled? Income Growth over Five Generations of Americans

Abstract We find that each of the past four generations of Americans was better off than the previous one, using a post-tax, post-transfer income measure constructed annually from 1963-2022 based…

January 31, 2024

The Wyden-Smith Child Tax Credit and Work: Responding to Critics

The Wyden-Smith tax bill under consideration in the House has rekindled a debate about the Child Tax Credit (CTC) and work incentives. We, along with our colleagues, Angela Rachidi and…

January 30, 2024

How Sensitive Are Single Mothers’ Work Decisions to a Change in Incentives? Correcting Misperceptions of the Evidence

…on Reviews Corinth et al. (2021, rev 2022) 0.75 —   p. 22; based on midpoint of McClelland and Mok (2012), p. 5 (below); unpublished Hotz and Scholz (2003) 0.7-1.2…

January 29, 2024

Per-Child Benefit in Wyden-Smith Child Tax Credit Bill Would Discourage Full-Time Work for Families with Multiple Children

The Wyden-Smith proposed tax legislation would make four changes to the Child Tax Credit (CTC). First, it would increase the cap on the refundable portion of the CTC, eventually to the same…

January 29, 2024

Let’s Not Turn the Child Tax Credit Into Welfare

A renewed effort to expand the child tax credit (CTC) is currently making its way through Congress. The proposed policy would increase benefits for low-income families—especially those with multiple children—automatically grow the…