Search Results

Showing results 1 to 3 of approximately 3.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:family welfare 

Working Paper
Family Welfare and the Cost of Unemployment

This paper calculates the cost of an unemployment shock in terms of family welfare. We find that, overall, families face an average annualized expected dollar equivalent welfare loss of $1,156 when the unemployment rate rises by 1 percentage point. The average welfare loss for married families is greater than for single families and increases with education. We then estimate that a 1.8 percent shock to purchasing power would generate the same amount of overall welfare loss as a one-percentage-point rise in the unemployment rate.
FRB Atlanta Working Paper , Paper 2017-7

Working Paper
Family Welfare and the Great Recession

The analysis in this paper provides estimates of family welfare losses generated by wage and nonlabor income declines experienced across the Great Recession and by labor market constraints existing postrecession. Welfare losses are greater as families (both married and single) move up the income distribution. Total static welfare losses are estimated to amount to roughly $190 billion, comparing family welfare between 2007 and 2011.
FRB Atlanta Working Paper , Paper 2014-10

Working Paper
Impact of the 2017 Tax Cuts and Jobs Act on Labor Supply and Welfare of Married Households

This paper calculates the change in optimal labor supply and total family welfare resultingfrom the Tax Cuts and Jobs Act of 2017 (TCJA). We estimate labor supply elasticities for marriedfamilies in the Current Population Survey from 2015 to 2017, using a joint family utility model. Theseelasticities are then used to simulate changes in optimal labor supply and resulting change in welfareamong families with different characteristics under the new TCJA tax code. We find that optimalhours are lower post-TCJA, relative to before. However, there are differences across family membersand family ...
FRB Atlanta Working Paper , Paper 2021-18

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

D19 3 items

I30 3 items

J22 3 items

E32 1 items

E52 1 items

FILTER BY Keywords

PREVIOUS / NEXT