Thomas Hintermaier

Moritz Kuhn1
Keith Kuester1
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  • Felix Wellschmied, Arpad Abraham, Rüdiger Bachmann, Christian Bayer, Andrew Clausen, Hans-Martin V Gaudecker +12 others
  • 2013
This paper uses a life-cycle model with uninsurable idiosyncratic earnings risk to study the welfare consequences of two cost neutral reforms which abolish the asset means-test from US income support programs. A reform which decreases allotments proportionally for all households is undesirable for a yet unborn household. The welfare costs arise because the(More)
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