How much cash would it take to quit your job? With Pilita Clark and Mouhcine Guettabi
The Economics Show
The Alaska Permanent Fund's Economic Impact
This chapter examines the historical foundation of the Alaska Permanent Fund and its influence on resident employment following the oil discovery. It highlights the contrasting effects of the Permanent Fund Dividend (PFD) on work hours for men and women, emphasizing how financial incentives alter labor dynamics in Alaska. The discussion challenges existing perceptions about cash transfers, revealing their potential to stimulate employment rather than discourage it.
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