Bennmarker, Helge; Calmfors, Lars; Seim, Anna - In: IZA Journal of Labor Policy 3 (2014) 1, pp. 1-20
Although there is a large literature on employment effects of earned income tax credits (EITCs) and unemployment benefits, less is known about wage effects. In our model, the impact is via the net (after-tax) replacement rate. Using a panel of individuals from Sweden, we find a positive...