Displacement and Wage Effects of Welfare Reform
نویسندگان
چکیده
U.S. welfare reforms will add one to two million persons to the labor force from 19932005. Because this increase in labor supply is only about one percent of the U.S. labor force, it is unlikely that welfare reform will have sizable effects on overall U.S. wages or unemployment. However, a variety of economic models suggest that welfare reform will significantly reduce the real earnings of some groups of less-educated women.
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