LONGER‐RUN EFFECTS OF ANTI‐POVERTY POLICIES ON DISADVANTAGED NEIGHBORHOODS.

We assess evidence on the longer‐run effects of minimum wages, the Earned Income Tax Credit, and welfare on key economic indicators of economic self‐sufficiency in disadvantaged neighborhoods. The evidence suggests that the longer‐run effects of the Earned Income Tax Credit are to increase employmen...

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Bibliographic Details
Published in:	Contemporary Economic Policy Vol. 38; no. 3; pp. 409 - 435
Main Authors:	Neumark, David, Asquith, Brian, Bass, Brittany
Format:	Article
Published:	Wiley-Blackwell Jul2020
Subjects:	Public welfare Neighborhoods Minimum wage Economic indicators Earned income tax credit
Online Access:	View this record in EBSCOhost

Description
Summary:	We assess evidence on the longer‐run effects of minimum wages, the Earned Income Tax Credit, and welfare on key economic indicators of economic self‐sufficiency in disadvantaged neighborhoods. The evidence suggests that the longer‐run effects of the Earned Income Tax Credit are to increase employment and to reduce poverty and public assistance. We also find some evidence consistent with higher welfare benefits having longer‐run adverse effects, and stronger evidence that tighter welfare time limits reduce poverty and public assistance in the longer‐run. The evidence on the longer‐run effects of the minimum wage on poverty and public assistance is not robust.