| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29854 |
| 来源ID | Working Paper 29854 |
| The Benefits and Costs of a U.S. Child Allowance | |
| Irwin Garfinkel; Laurel Sariscsany; Elizabeth Ananat; Sophie M. Collyer; Robert Paul Hartley; Buyi Wang; Christopher Wimer | |
| 发表日期 | 2022-03-21 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | We conduct a benefit-cost analysis of a U.S. child allowance, based on a systematic literature review of the highest quality available causal evidence on the short- and long-term effects of cash and near-cash transfers. In contrast to the previous studies we synthesize, which tend to measure a subset of benefits and costs available in a particular dataset, we establish a comprehensive accounting of potential effects and secure estimates of each. We produce core estimates of the benefits and costs per child and per adult of increasing household income by $1,000 in one year; these can be applied to value any cash or near-cash program that increases household income. Using microsimulation, we then apply these estimates to determine net aggregate benefits of three child allowance policies, including the expanded Child Tax Credit as enacted for the year 2021 in the American Rescue Plan (ARP). Our estimates indicate that making that expansion permanent would cost $97 billion per year and generate social benefits with net present value of $982 billion per year. Sensitivity analyses indicate that our estimates are robust to alternative assumptions and that all three child allowance policies we evaluate produce very high net returns for the U.S. population. |
| 主题 | Public Economics ; Taxation ; Health, Education, and Welfare ; Poverty and Wellbeing ; Labor Economics ; Demography and Aging |
| URL | https://www.nber.org/papers/w29854 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587525 |
| 推荐引用方式 GB/T 7714 | Irwin Garfinkel,Laurel Sariscsany,Elizabeth Ananat,et al. The Benefits and Costs of a U.S. Child Allowance. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29854.pdf（371KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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