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We study the impact of a mandatory activation program for young welfare recipients in the Netherlands. Introduced at the end of 2009, the goal of the program was to prevent so-called NEETs (individuals not in employment, education or training). We use a large administrative data set for the...
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This study analyzed the debt profile of low-income households before and after the Great Recession using the 2007-2013 Survey of Consumer Finances. We utilized Heckman selection models to investigate three debt characteristics; (1) the amount of debt, (2) debt-to-income ratio, and (3) debt...
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