The Decline of Welfare Benefits in the U.S.: The Role of Wage Inequality
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Welfare benefits in the U.S. have experienced a much-studied secular decline since the mid-1970s. We explore a new hypothesis for this decline related to the increase in wage inequality in the labor market and the decline of real wages at the bottom of the distribution: we posit that voters prefer
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美国国家经济研究局创建时间:
1996-09-01



