Seminar Welfare versus Work under a Negative Income Tax Econometrics/Applied Microeconomics seminar Add to calendar 2021-10-25 11:00 2021-10-25 12:15 Europe/Rome Welfare versus Work under a Negative Income Tax Seminar Room 3rd Floor Villa La Fonte YYYY-MM-DD Print Share on Facebook Share on X Share on LinkedIn Send by email When 25 October 2021 11:00 - 12:15 CEST Where Seminar Room 3rd Floor Villa La Fonte Organised by Department of Economics In this seminar Professor W. Craig Riddell, University of British Columbia, will present the paper "Welfare versus Work under a Negative Income Tax: Evidence from the Gary, Seattle, Denver and Manitoba Income Maintenance Experiments." The Income Maintenance Experiments have received renewed attention due to growing international interest in a Basic Income. Proponents viewed a Negative Income Tax as a replacement for traditional welfare with stronger work incentives and reduced poverty. However, existing labor supply estimates for single parents are uniformly negative. We re-assess the experimental evidence and find randomization failure in two NITs (Gary and Seattle). In Denver and Manitoba, we find a positive labor supply response for those on welfare prior to random assignment. Our results provide strong evidence that a NIT can increase work activity among single parents on welfare.Co-author: Chris Riddell (University of Waterloo)Due to limited spaces for COVID restrictions, participation on site will be allowed on a first-come, first-served basis. The event will also be live-streamed via zoom. Participants will receive the zoom link once registered. Speaker(s): Fernand Braudel Fellow Wiliam Craig Riddell (University of British Columbia) Contact(s): Cecile Marie Brière (EUI - Department of Economics) Organiser(s): Prof. Thomas Crossley (EUI - Department of Economics)