| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23860 |
| 来源ID | Working Paper 23860 |
| ProPelled: The Effects of Grants on Graduation, Earnings, and Welfare | |
| Jeffrey T. Denning; Benjamin M. Marx; Lesley J. Turner | |
| 发表日期 | 2017-09-25 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We estimate effects of the largest U.S. federal grant for college students using administrative data from Texas four-year public colleges and a discontinuity in grant generosity. Eligibility for additional grant aid significantly increases degree receipt and earnings beginning four years after entry. Estimated increases in income tax payments fully recoup government expenditures within ten years. A theoretical model shows that welfare effects of changes in college prices depend on (1) externalities from recipients’ behavioral responses and (2) facilitation of intertemporal consumption smoothing. Calibration suggests that increasing grant aid for low-income college students would enhance welfare in many U.S. settings. |
| 主题 | Microeconomics ; Households and Firms ; Welfare and Collective Choice ; Public Economics ; Taxation ; National Fiscal Issues ; Health, Education, and Welfare ; Education |
| URL | https://www.nber.org/papers/w23860 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581533 |
| 推荐引用方式 GB/T 7714 | Jeffrey T. Denning,Benjamin M. Marx,Lesley J. Turner. ProPelled: The Effects of Grants on Graduation, Earnings, and Welfare. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23860.pdf（542KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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