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So they gave folks $12k per year to see a reduce in working hours by 1.5 hours per week and lower earnings by $1500/yr. I don’t think I’d call that a “moderate”
by roughly 2y ago
So they gave folks $12k per year to see a reduce in working hours by 1.5 hours per week and lower earnings by $1500/yr. I don’t think I’d call that a “moderate” labor supply effect - I’m frankly surprised that’s far enough outside the error bars to support the claim.