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Fomby finds living with step- or half-siblings linked to higher aggression among 5 year olds

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PRB training program in policy communication for pre-docs. Application deadline, 2.28.2016

Call for proposals: PSID small grants for research on life course impacts on later life wellbeing

PSC News, fall 2015 now available

Barbara Anderson appointed chair of Census Scientific Advisory Committee

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Monday, Feb 1 at noon, 6050 ISR-Thompson
Sarah Miller

Time-inconsistency and welfare program participation: evidence from the NLSY

Archived Abstract of Former PSC Researcher

Fang, H.M., and Daniel Silverman. 2009. "Time-inconsistency and welfare program participation: evidence from the NLSY." International Economic Review, 50(4): 1043-1077.

We empirically implement a dynamic structural model of labor supply and welfare program participation for agents with potentially time-inconsistent preferences. Using panel data on the choices of single women with children from the National Longitudinal Surveys (NLSY) 1979, we provide estimates of the degree of time-inconsistency, and of its influence on the welfare take-up decision. With these estimates, we conduct counterfactual experiments to quantify a measure of the utility loss stemming from the inability to commit to future decisions, and the potential gains from commitment mechanisms such as welfare time limits and work requirements.

Country of focus: United States of America.

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