Van Ark et al on productivity.
Dew-Becker and Gordon on productivity.
Prescott on work effort
Alesina/Glaeser on work effort
Alesina et al on political economy
Baker, Old Europe goes to work
WWS594E, Economics of the Welfare State: Class 5
- Measuring poverty
- Mollie Orshansky
- TANF levels across time and space
- US programs and poverty in the slump
- Smeeding on the advanced-country poor
OECD, Pensions at a glance
About those last two slides: they’re an attempt to briefly summarize the state of play on unemployment benefits and actual unemployment. There is some indication that extended UI has raised the unemployment rate associated with any given inflation rate over the next few years (NAIRU yada yada, I know, but downward nominal rigidity; this is shorthand for taking all that into account — if you don’t know what I’m talking about, consider yourself lucky) In normal times, with the Fed unwilling to let inflation rise, this would translate into higher actual unemployment. But in a liquidity trap, with the Fed unable to hit its targets, it has no effect.
But what happens when the economy emerges from the liquidity trap? At that point extended UI will have gone away.
Readings ripped from the headlines:
New York Times on the geography of dependence on the safety net
Aaron Carroll on geography further interpreted
Mike Konczal on rising dependency
CBPP on who benefits
National Journal on public opinion
Feb. 8: Introduction
Brandolini and Smeeding,
Income inequality in richer and OECD countries,
by Paul Krugman, in NY Times