Bouncing Back: The Role of Social Safety Nets

Poverty traps in America

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Poverty traps explained

Welfare traps in America

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@BernieSanders @GrantRobertson1 why does anyone bother to work in #Denmark?

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Effective marginal tax rates on single and dual earner families in the USA, Britain, France, Germany, Canada, Italy, Sweden, Denmark, Australia and New Zealand

Some countries including New Zealand and Australia do not give ordinary families much of an incentive to earn more. Effective marginal tax rates on low income families is one of the few times that the Left discovers supply-side economics.

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Source: Taxing Wages 2015 – OECD 2015.

Implicit tax on a lone parent returning to a low-paid job in the USA, UK, Denmark, France, Germany, Canada, Australia and New Zealand

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Source: Economic Policy Reforms: Going for Growth – OECD (2016).

Social Security income replacement rates across the OECD

Poverty traps in America

Poverty traps in America

German unemployment incidence by duration since 1983

German long term unemployment has been pretty stable albeit with an up-and-down after German unification. There is also a fall in long-term unemployment after some labour market reforms around 2005.

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Source: OECD StatExtract.

James Bartholomew introduces his new book, ‘The Welfare of Nations’.

Poverty traps: would a minimum wage increase take-home pay?

Poverty traps in America

In which Anglo-Saxon country is full-time work not enough to escape family poverty on the minimum wage?

Figure 1: Weekly working hours needed at minimum-wage to move above a 50% relative poverty line after taxes, mandatory social or private contributions payable by workers, and family benefits for lone parent with two children, Anglo-Saxon countries, 2013

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Source: OECD Focus on Minimum Wages after the crisis 2015

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