Last edited by Oftencold; 06-09-09 at 03:58 PM.
Quod scripsi, scripsi
Evaluating Welfare Reform in the United StatesThis paper reviews the economic literature on welfare reform over the 1990s. A brief summary of the policy changes is followed by a discussion of the methodological techniques that analyze the effects of these changes on outcomes. The paper then critically reviews the econometric and experimental literature on caseload changes, labor force changes, poverty and income changes, and family formation changes. A growing body of evidence suggests that recent policy changes have influenced economic behavior and well-being. One particular set of “new-style” welfare programs seems to show especially promising results, with significantly increased work and earnings and reduced poverty.
Last edited by zimmer; 06-09-09 at 03:40 PM.
I AM DEPLORABLE.
NEVER CRIMINAL HILLARY (S-NY)
Teenage Childbearing and Its Life Cycle Consequences: Exploiting a Natural Experiment. Consider the abstract:
Teenage childbearing can function as a beneficial reproductive strategy in light of its ability to facilitate later uninterrupted labor.We exploit a "natural experiment" associated with human reproduction to identify the causal effect of teen childbearing on the socioeconomic attainment of teen mothers. We exploit the fact that some women who become pregnant experience a miscarriage and do not have a live birth. Using miscarriages an instrumental variable, we estimate the effect of teen mothers not delaying their childbearing on their subsequent attainment. We find that many of the negative consequences of teenage childbearing are much smaller than those found in previous studies. For most outcomes, the adverse consequences of early childbearing are short-lived. Finally, for annual hours of work and earnings, we find that a teen mother would have lower levels of each at older ages if they had delayed their childbearing.
It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
"Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911