Optimal income transfers
By: Louis Kaplow.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series -- no. 12284.; Working paper series (National Bureau of Economic Research) -- working paper no. 12284.
Publisher: National Bureau of Economic Research
Published: 2006
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 34
Subjects: Income maintenance programs
Description: "A substantial literature addresses the design of transfer programs and policies, including the negative income tax, other means-tested transfers, the earned income tax credit, categorical assistance, and work inducements.  This work is largely independent of that on the optimal nonlinear income tax, yet formulations of such a tax necessarily address how low-income individuals should be treated.  This paper draws on the optimal income taxation literature to illuminate the analysis of transfer programs, including the level and shape of marginal tax rates (including phase-outs), the structure of categorical assistance, and the role of work inducements in an optimal income transfer scheme"--National Bureau of Economic Research web site.
Notes: "May 2006"

Includes bibliographical references (p. 31-34).

Also available in PDF from the NBER world wide web site (www.nber.org).