Cash-on-Hand & College Enrollment: Evidence from Population Tax Data and Policy Nonlinearities / Dayanand S. Manoli, Nicholas Turner.

Format:

Book

Author/Creator:

Manoli, Dayanand S.

Contributor:

National Bureau of Economic Research.

Turner, Nicholas.

Series:

Working Paper Series (National Bureau of Economic Research) no. w19836.

NBER working paper series no. w19836

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Cash-on-Hand & College Enrollment

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2014.

Summary:

We estimate causal effects of cash-on-hand on college enrollment decisions of students from low-income families. Using population-level, administrative data from United States income tax returns, we exploit variation in tax refunds received in the spring of the high school senior year. The variation in tax refunds results from the kink point between the phase-in and maximum credit portions of the Earned Income Tax Credit schedule. The results suggest tax refunds received in the spring of the high school senior year have meaningful effects on college enrollment.

Notes:

Print version record

January 2014.