) wealth and health or (ii) parental income and children's outcomes do not reflect a causal effect of wealth. …

Over the last twenty years we have seen an increasing use of in-work tax subsidies to encourage labor supply among low-income … groups. In Sweden, a non-targeted earned income tax credit was introduced in 2007, and was reinforced in 2008, 2009 and 2010 … earned income tax credit reform up to 2008. For identification we exploit the fact that the size of the tax credit, as well …

badly in the labor market in the sense of long-term unemployment or low annual earnings lack noncognitive but not cognitive …

income insurance, where it is regularly treated as a binary variable. This is not a minor technical matter; in fact, a … continuous treatment of an individual’s health sheds new light on the role and functioning of income insurance and makes it … is not regarded as outright fraud, but as a gradual adjustment of the willingness to go to work when income insurance is …

A large literature on ex ante moral hazard in income insurance emphasizes that the individual can affect the … probability of an income loss by choice of lifestyle and hence, the degree of risk-taking. The much smaller literature on moral …