Laurence Seidman is Chaplin Tyler Professor of Economics at the University of Delaware and the author of Funding Social Security: A Strategic Alternative (Cambridge University Press, 1999). He contends that even if nothing is done, Social Security will face a problem, not a crisis, after 2042: A...

Laurence S. Seidman is Chaplin Tyler Professor of Economics at the University of Delaware and the author of three books related to this article (The USA Tax: A Progressive Consumption Tax (MIT Press, 1997); Automatic Fiscal Policies to Combat Recessions (M.E. Sharpe, 2003); and with co-author...

In this article, the authors argue that instead of focusing on the child tax credit that has received so much attention recently, reformers should shift their attention back to the earned income tax credit (EITC) and press for three simple changes that would support work and marriage: Reduce the...

In this article, they analyze the interaction of the earned income tax credit, the child tax credit, and the income tax under the recently enacted tax act for 2001, and the reduction in the EITC marriage penalty that will begin in 2002. The act made the child tax credit partially refundable and...

Using a macro-econometric model we provide a quantitative estimate of the cash transfer or tax cut that would achieve recovery from a severe recession when the central bank is unable to achieve full recovery because of the zero bound. We introduce an automatic transfer and simulate its...