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The Work versus Welfare Trade-Off: 2013

August 19, 2013 in Economics

In 1995, the Cato Institute published a groundbreaking study, The Work vs. Welfare Trade-Off, which estimated the value of the full package of welfare benefits available to a typical recipient in each of the 50 states and the District of Columbia. Since then, however, many welfare programs have undergone significant change. A new, updated version of this study examines the current welfare system in the same manner as the 1995 paper, and finds that welfare benefits continue to outpace the income that most recipients can expect to earn from an entry-level job.

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