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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

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 (2021, rev 2022) 0.75 —   p. 22; based on midpoint of McClelland and Mok (2012), p. 5 (below); unpublished Hotz and Scholz (2003) 0.7-1.2…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 19, 2024

The Work Incentive and Employment Effects of Eliminating the Child Tax Credit’s Annual Income Requirement

Abstract Senior House and Senate tax committee leaders agreed to a framework for modifying the Child Tax Credit on January 16, 2024. The most consequential reform would eliminate the Child…

November 14, 2023

Did Child Poverty Really Increase Last Year?

…and, as Meyer and my colleague Kevin Corinth have demonstrated, joblessness, both of which would hurt the most disadvantaged children. Nor was I wrong about the short-term poverty-reducing effect of a temporary CTC…

October 17, 2023

Understanding Poverty Measurement

…Burkhauser then discussed the history of poverty measurement, the weaknesses of the official poverty measure, and what an improved measure indicates about our success in reducing poverty. Next, Kevin Corinth

September 12, 2023

Measuring Poverty: The New Census Estimates and the Future of Poverty Measurement

…video will be posted within 24 hours. Agenda 11:30 a.m. Introduction: Kevin Corinth, Deputy Director, Center on Opportunity and Social Mobility, AEI 11:35 a.m. Panel I: A Discussion of the…

August 2, 2023

Measuring Social Capital: Can We Tell If Some Places Are Richer in Social Capital Than Others?

…about the value of relationships—to people and institutions.[2] Given the slipperiness of the concept, it is reasonable to ask whether we can measure social capital. In ongoing research with Kevin

June 21, 2023

The Bad Math Behind Economic Doomerism

It’s a big week for American Compass, a think tank founded in 2020 that fancies itself as the “pre-eminent alternative to the Old Right’s market fundamentalism.” On the heels of its new…