When Work Is Punished: Did The 'Generous' CARES Act Just Guarantee High Unemployment Is Here To Stay?

Apr 9th 2020 9:55am EDT

When Work Is Punished: Did The ‘Generous’ CARES Act Just Guarantee High Unemployment Is Here To Stay? A number of years ago, we first introduced the topic of a ‘welfare cliff’ at which more work was punished – i.e. the ‘generosity’ of the package of welfare benefits creates a perverse incentive not to work any […]

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