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Recent studies have proposed causal machine learning (CML) methods to estimate conditional average treatment effects (CATEs). In this study, I investigate whether CML methods add value compared to conventional CATE estimators by re-evaluating Connecticut's Jobs First welfare experiment. This...
Persistent link: https://www.econbiz.de/10012161467
variables are LIS data on market income inequality (measured by the Gini index) for households with a head aged 25 to 59 and the … inequality has increased in the United States because the country failed to invest sufficiently in education. The main … determinants of market income inequality are (in order of size of the effect) family structure (single mother households), union …
Persistent link: https://www.econbiz.de/10010335556
variables are LIS data on market income inequality (measured by the Gini index) for households with a head aged 25 to 59 and the … inequality has increased in the United States because the country failed to invest sufficiently in education. The main … determinants of market income inequality are (in order of size of the effect) family structure (single mother households), union …
Persistent link: https://www.econbiz.de/10010226099
Policy changes in the United States in the 1990s resulted in sizable increases in employment rates of single mothers. We show that this increase led to a large and abrupt increase in work experience for single mothers with young children. We then examine the economic return to this increase in...
Persistent link: https://www.econbiz.de/10011471504
This paper uses data from the American Life Panel to understand the determinants of well-being in the United States during the Great Recession. It investigates how various dimensions of subjective wellbeing reflected in the OECD Better Life Framework impact subjective well-being. The results...
Persistent link: https://www.econbiz.de/10010464956
country with among the highest levels of income inequality in the OECD and a pattern of inequality that appears to be moving …
Persistent link: https://www.econbiz.de/10010464983
I investigate causal machine learning (CML) methods to estimate effect heterogeneity by means of conditional average treatment effects (CATEs). In particular, I study whether the estimated effect heterogeneity can provide evidence for the theoretical labour supply predictions of Connecticut's...
Persistent link: https://www.econbiz.de/10012232107
Social assistance in Germany reduces the incentive to work. TheU. S. Welfare to Work Programme tries to avoid such disincentives. It consists essentially of two elements: the Earned Income Tax Credit (EITC) for employees in low wage occupations and a Workfare model. The EITC and the Workfare...
Persistent link: https://www.econbiz.de/10011399661
This testimony makes three main points. First, income volatility, especially when it involves income declines, imposes significant hardships on American families. It heightens stress about finances and may increase household living expenses. These hardships are most pronounced for middle-and...
Persistent link: https://www.econbiz.de/10014195419
From 2010 to 2019, personal earnings inequality declined in the United States (U.S.) for the first time in decades, yet … household income inequality continued to increase. Discordance between trends in personal earnings inequality and household … income inequality was greater than in any other decade in recent U.S. history. We introduce a framework to decompose …
Persistent link: https://www.econbiz.de/10014502793