Essays on the economics of inequality
Abstract/Contents
- Abstract
- We investigate the long-term effect of cash assistance for beneficiaries and their children by following up, after four decades, with participants in the Seattle-Denver Income Maintenance Experiment. Treated families in this randomized experiment received thousands of dollars per year in extra government benefits for three or five years in the 1970s. Using administrative data from the Social Security Administration and the Washington State Department of Health, we find that treatment caused adults to earn an average of $1,800 less per year after the experiment ended. Most of this effect on earned income is concentrated between ages 50 and 60, suggesting that it is related to retirement. Treated adults were also 6.3 percentage points more likely to apply for disability benefits, but were not significantly more likely to receive them, or to have died. These effects on parents, however, do not appear to be passed down to their children: children in treated families experienced no significant effects in any of the main variables studied. These results for children are estimated precisely enough to rule out effects found in other contexts and inform the literature on intergenerational mobility. Taken as a whole, these results suggest that policymakers should consider the long-term effects of cash assistance as they formulate policies to combat poverty.
Description
| Type of resource | text |
|---|---|
| Form | electronic; electronic resource; remote |
| Extent | 1 online resource. |
| Publication date | 2017 |
| Issuance | monographic |
| Language | English |
Creators/Contributors
| Associated with | Price, David Jonathan |
|---|---|
| Associated with | Stanford University, Department of Economics. |
| Primary advisor | Bloom, Nick, 1973- |
| Thesis advisor | Bloom, Nick, 1973- |
| Thesis advisor | Chetty, Rajendra |
| Thesis advisor | Pencavel, John H |
| Thesis advisor | Pistaferri, Luigi |
| Advisor | Chetty, Rajendra |
| Advisor | Pencavel, John H |
| Advisor | Pistaferri, Luigi |
Subjects
| Genre | Theses |
|---|
Bibliographic information
| Statement of responsibility | David Jonathan Price. |
|---|---|
| Note | Submitted to the Department of Economics. |
| Thesis | Thesis (Ph.D.)--Stanford University, 2017. |
| Location | electronic resource |
Access conditions
- Copyright
- © 2017 by David Jonathan Price
- License
- This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).
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