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The Earned Income Tax Credit and Expected Social Security Retirement Benefits Among Low-Income Women: Working Paper 2012-06

Author

Listed:
  • Molly Dahl
  • Thomas DeLeire
  • Jonathan Schwabish
  • Timothy Smeeding

Abstract

Expansions in the Earned Income Tax Credit (EITC) are associated with increases in formal employment and increases in long-term year-over-year growth in earnings for single mothers. In this study, we examine whether expansions in the EITC are likely to lead to increases in Social Security retirement benefits for less-educated women (those likely to be affected by the EITC) by increasing their employment and earnings when young. The increases in benefits could occur through two channels: First, as the EITC pulls additional less-educated women into market

Suggested Citation

  • Molly Dahl & Thomas DeLeire & Jonathan Schwabish & Timothy Smeeding, 2012. "The Earned Income Tax Credit and Expected Social Security Retirement Benefits Among Low-Income Women: Working Paper 2012-06," Working Papers 43033, Congressional Budget Office.
    • Handle: RePEc:cbo:wpaper:43033
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    File URL: https://www.cbo.gov/sites/default/files/112th-congress-2011-2012/workingpaper/WorkingPaper2012-06-EITC_and_SS_Retirement_Benefits_0.pdf
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    References listed on IDEAS

    as
    1. Bruce D. Meyer & Dan T. Rosenbaum, 2001. "Welfare, the Earned Income Tax Credit, and the Labor Supply of Single Mothers," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(3), pages 1063-1114.
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