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The Moving to Opportunity (MTO) experiment offered randomly selected families living in high-poverty housing projects … housing vouchers to move to lower-poverty neighborhoods. We present new evidence on the impacts of MTO on children's long …-term outcomes using administrative data from tax returns. We find that moving to a lower-poverty neighborhood significantly improves …
Persistent link: https://www.econbiz.de/10011276428
Past estimates of the effect of family income on child development have often been plagued by endogeneity and measurement error. In this paper, we use an instrumental variables strategy to estimate the causal effect of income on children's math and reading achievement. Our identification derives...
Persistent link: https://www.econbiz.de/10005714375
A notable feature and principal virtue of Tax by Design is its system-wide perspective on different elements of the tax system. This review essay builds on this trait and offers a more explicit foundation for the report's general approach, drawing on a distribution-neutral methodology that is...
Persistent link: https://www.econbiz.de/10009226936
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve … along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to …
Persistent link: https://www.econbiz.de/10009395461
We study optimal tax policy in a dynamic private information economy with endogenous private markets. We characterize efficient allocations and competitive equilibria. A standard assumption in the literature is that trades are observable by all agents. We show that in such an environment the...
Persistent link: https://www.econbiz.de/10005049827
Disability Insurance (DI) programs have long been criticized by economists for apparent work disincentives. Some countries have recently modified their programs such that DI recipients are allowed to keep some of their benefits if they return to work, and other countries are considering similar...
Persistent link: https://www.econbiz.de/10010969414
Theory suggests that adverse life events--such as unemployment or health shocks--can result in food insecurity, which has increased substantially in the U.S. over the past decade alongside the obesity epidemic. We test this proposition by estimating the effects of a specific and salient mental...
Persistent link: https://www.econbiz.de/10010950921
Anti-poverty programs in developing countries are often difficult to implement; in particular, many governments lack …
Persistent link: https://www.econbiz.de/10010950950
A growing economics literature establishes a causal link between in utero shocks and health and human capital in adulthood. Most studies rely on extreme negative shocks such as famine and pandemics. We are the first to examine the impact of a positive and policy-driven change in economic...
Persistent link: https://www.econbiz.de/10010951102
While measurement error in the dependent variable does not lead to bias in some well-known cases, with a binary dependent variable the bias can be pronounced. In binary choice, Hausman, Abrevaya and Scott-Morton (1998) show that the marginal effects in the observed data differ from the true ones...
Persistent link: https://www.econbiz.de/10010951180