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Primarily featuring posts written by students and faculty in our network, our blog is a forum for writing on issues of faith, politics, economics, and society. The views and opinions expressed in this blog are those of the authors alone.
The Benefits Cliff and Labor Supply: Lessons from Behavioral Economics

The Benefits Cliff and Labor Supply: Lessons from Behavioral Economics

Emma Nyhof is a senior at Hope College, majoring in economics and psychology. Ms. Nyhof’s Young Scholars research will investigate how behavioral economic theory may explain some of the decision-making surrounding the “benefits cliff”—the high effective marginal tax rates faced by benefits program participants when they increase their work hours.

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