Arbeitspapier
Human Well-being and In-Work Benefits: A Randomized Controlled Trial
Many politicians believe they can intervene in the economy to improve people's lives. But can they? In a social experiment carried out in the United Kingdom, extensive in-work support was randomly assigned among 16,000 disadvantaged people. We follow a sub-sample of 3,500 single parents for 5 ensuing years. The results reveal a remarkable, and troubling, finding. Long after eligibility had ceased, the treated individuals had substantially lower psychological well-being, worried more about money, and were increasingly prone to debt. Thus helping people apparently hurt them. We discuss a behavioral framework consistent with our findings and reflect on implications for policy.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 7943
- Klassifikation
-
Wirtschaft
General Welfare; Well-Being
Welfare Economics: General
Structure, Scope, and Performance of Government
Wages, Compensation, and Labor Costs: Public Policy
- Thema
-
randomized controlled trials
government policy
in-work benefits
wage subsidies
well-being
happiness
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dorsett, Richard
Oswald, Andrew J.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Dorsett, Richard
- Oswald, Andrew J.
- Institute for the Study of Labor (IZA)
Entstanden
- 2014
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