The More Things Change, the More They Stay the Same? The Safety Net and Poverty in the Great Recession
研究了大衰退期间安全网支出与贫困的关系,发现福利改革后贫困对经济周期的反应更强,而食品券和失业保险的保护作用未减弱。
Much attention has been given to the large increases in safety net spending during the Great Recession. We examine the relationship between poverty, the safety net, and business cycles historically and test whether there has been a significant change in this relationship. We find that post-welfare reform, Temporary Assistance for Needy Families did not respond during the Great Recession and extreme poverty is more cyclical than in prior recessions. Food Stamps and Unemployment Insurance are providing more protection--or no less protection--in the Great Recession, and there is some evidence of less cyclicality for 100% poverty.