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Welfare Analysis of Changing Notches : Evidence from Bolsa Família / Katy Bergstrom.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Author/Creator:
- Bergstrom, Katy, author.
- Language:
- English
- Subjects (All):
- Mathematical statistics.
- Linear models (Statistics).
- Physical Description:
- 1 online resource (70 pages)
- Other Title:
- Welfare Analysis of Changing Notches
- Place of Publication:
- Washington, D.C. : The World Bank, 2022.
- Summary:
- This paper develops a framework to bound the welfare impacts of reforms to notches using two sufficient statistics: (1) the number of households bunching at the old notch who move toward the new notch, and (2) the number of households who "jump" down to the new notch. The bounds hold in a wide class of models, highlighting a new way to use reduced-form bunching evidence for welfare analysis without strong assumptions on the economic environment. These two statistics are estimated using a difference-in-difference strategy for a reform to the anti-poverty program Bolsa Familia, finding that the reform's marginal value of public funds lies between 0.90 and 1.12.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Publisher Number:
- 10.1596/1813-9450-10117
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