How about indexing EITC (eligibility levels and/or amount) to some measure of the unemployment rate, making it countercyclical?
Also, of course, the “advance EITC,” making payments on weekly paychecks, should be re-instituted and widely promoted, to increase salience hence incentive effects, and also provide rapid responsiveness to sudden changes in economic conditions.
I retweeted link to your article. As I said in my tweets, I think I’m a bit more optimistic on “predistribution” policies such as universal pre-K: http://investinginkids.net/2013/09/13/how-much-can-universal-pre-k-do-to-reduce-income-inequality/
How about indexing EITC (eligibility levels and/or amount) to some measure of the unemployment rate, making it countercyclical?
Also, of course, the “advance EITC,” making payments on weekly paychecks, should be re-instituted and widely promoted, to increase salience hence incentive effects, and also provide rapid responsiveness to sudden changes in economic conditions.