Want to solve the benefits cliff problem? Pay workers more
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Last Wednesday, Peter Coy of the New York Times released an opinion piece in which he argues that so-called “benefits cliffs” in the US discourage low-income workers from taking higher-paid work. To explain the “benefits cliff,” he gives an example of a fictitious 25-year-old single mother, Lei, with two children. Lei has a full-time job, but because it pays her less than she and her … Continue reading Want to solve the benefits cliff problem? Pay workers more