Michelmore explains how the Child Tax Credit may effect labor force participation

November 10, 2021 Washington Post

In the debate over the expanded Child Tax Credit, economists disagree on how many parents will leave the labor force. Katherine Michelmore speaks to the Washington Post about her research and why previous estimates are too high.

"We’ve since done a lot of research into where those elasticities are coming from and we have concluded that the numbers [found in the literature they had previously quoted] are too high for this exercise for a few reasons,” Michelmore said.