Affordability in Hours: A Time-Indexed Minimum Wage and an Essential Hours Credit
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https://orkg.org/paper/R1559800
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资源简介：
We measure Monthly Survival Hours (MSH)—the paid work time required to buy a fixed essentials basket—showing a sharp affordability crisis: D3 renter hours rose from 117.4 (2019) to 175.7 (2022), easing to 157.7 (2025). We test two implementable policies: a Time-Indexed Minimum Wage (TIMW), setting
wmin,t=Ct/Htarget
w
min,t
=C
t
/H
target
to cap essentials near 120 h/month, and an Essential Hours Tax Credit (EHTC) that refunds gaps below 100 h/month via monthly advances for low-wage cohorts. Using CPI components and CPS/OEWS wages across six metros, TIMW stabilizes MSH near target while EHTC backstops D1–D3 renters during shocks, delivering a dual-key hours guarantee without price controls. Replication files and CSVs are openly available (see dataset links). Interactive calculators and documentation: Student Affordability Toolkit — https://www.thepricer.org/student/resources/
提供机构：
Open Research Knowledge Graph
创建时间：
2025-11-04
