Work and Health Insurance: Is There An Alternative? – New York Times (blog)

Work and Health Insurance: Is There An Alternative?
New York Times (blog)
And it's why, when they talk about the substitution effect — the way the the subsidy phase-out creates an effective marginal tax that discourages working longer hours or taking a higher-paying job — they usually concede the existence of a problem

Work and Health Insurance: Is There An Alternative? – New York Times (blog)

Work and Health Insurance: Is There An Alternative?
New York Times (blog)
And it's why, when they talk about the substitution effect — the way the the subsidy phase-out creates an effective marginal tax that discourages working longer hours or taking a higher-paying job — they usually concede the existence of a problem