Conditional cash transfer (CCT) programs link public transfers to human capital investment in hopes of alleviating current poverty and reducing its intergenerational transmission. However, little is known about their long-term impacts. This paper evaluates longer-run impacts on schooling and work of the best-known CCT program, Mexico's…

We characterize medium and long-run labor market impacts of HIV/AIDS and ARV treatment using unique panel data of worker absenteeism and information from an AIDS treatment program at a large mining firm in Botswana. We present robust evidence of an inverse-V shaped pattern in worker absenteeism around the time of ARV treatment inception.…

This paper evaluates a United Kingdom pilot study designed to test whether a means-tested conditional cash transfer paid to 16- to 18-year-olds for staying in full-time education is an effective way of reducing the proportion of school dropouts. The transfer's impact is substantial: In the first year, full-time education participation rates…

Half of college students drop out without completing a degree. This paper establishes a causal link between college costs and degree completion. I use quasi-experimental methodology to analyze two state scholarship programs. The programs increase the share of the exposed population with a college degree by three percentage points, with stronger…

This paper assesses the effects of school desegregation on its intended beneficiaries: black students. In Louisiana, substantial reductions in segregation between 1965 and 1970 were accompanied by large increases in per-pupil funding, which allowed funding in integrated schools to be "leveled up" to the level previously experienced only…

Prescription drug coverage creates a change in medical care consumption, beyond standard moral hazard, arising both from the differential cost-sharing and the relative effectiveness of different types of care. We model the dynamic supplemental health insurance decisions of Medicare beneficiaries, their medical care demand, and subsequent health…

Concludes that opportunity costs are the major costs in manpower programs, perhaps even outweighing the training allowance. (BH)

Subsidized employment had substantial and long-lived effects on earnings and welfare benefits in a study of more than 9,000 welfare recipients 3 years after program entry. Although not always cost effective for taxpayers, subsidized employment had positive net benefits for participants and society. (SK)

The study uses a cost-benefit framework to estimate the value of obtaining an MBA degree on a part-time basis while holding a full-time professional position. The part-time degree was found to be a worthwhile investment in human capital. (Author/LH)

Benefit-cost relationships are estimated for many subgroups of disabled persons. (BH)

Concludes that the Upward Bound program is of marginal social value, with low or nonexistent net benefits. (BH)

Savings in hospital reimbursements through use of extended-care facilities to shorten hospital stays for Medicare patients have more than outweighed the costs of the extended-care facilities. (MF)

Compares costs and benefits to derive a rate of return of 18 percent on investment in the 2-year college. (BH)

This paper examines the major methodological advantages of random assignment for the purpose of estimating the effectiveness of current manpower policy. It also reviews the claimed methodological and ethical objections to experiments. The authors argue that the offsetting gain from experimentation is the inherent reliability of experimental…

Fixed-effect estimates of the impact of vocational rehabilitation on longitudinal earnings were determined for vocational rehabilitation clients with disabilities and a comparison group who dropped out prior to rehabilitation. Women experienced significant earnings increases, despite fairly comparable rehabilitation costs. (SK)