Welfare Analysis of Changing Notches: Evidence from Bolsa Familia
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...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Washington, D.C
The World Bank
2022
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| Zusammenfassung: | 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 |
| Beschreibung: | 1 Online-Ressource (70 Seiten) |
| DOI: | 10.1596/1813-9450-10117 |
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| 520 | 3 | |a 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 | |
| 650 | 4 | |a Bounds | |
| 650 | 4 | |a Bunching | |
| 650 | 4 | |a Finance and Financial Sector Development | |
| 650 | 4 | |a Financial Sector and Social Assistance | |
| 650 | 4 | |a Jumping | |
| 650 | 4 | |a MVPF | |
| 650 | 4 | |a Notches | |
| 650 | 4 | |a Poverty Reduction | |
| 650 | 4 | |a Social Protections and Assistance | |
| 650 | 4 | |a Social Protections and Labor | |
| 650 | 4 | |a Sufficient Statistics | |
| 650 | 4 | |a Welfare Analysis | |
| 700 | 1 | |a Dodds, William |e Sonstige |4 oth | |
| 700 | 1 | |a Rios, Juan |e Sonstige |4 oth | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Mansuri, Ghazala |t Money versus Kudos: The Impact of Incentivizing Local Politicians in India |d Washington, D.C. : The World Bank, 2022 |
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| index_date | 2024-07-03T22:27:56Z |
| indexdate | 2025-02-20T07:20:20Z |
| institution | BVB |
| language | English |
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| spellingShingle | Bergstrom, Katy Welfare Analysis of Changing Notches Evidence from Bolsa Familia Bounds Bunching Finance and Financial Sector Development Financial Sector and Social Assistance Jumping MVPF Notches Poverty Reduction Social Protections and Assistance Social Protections and Labor Sufficient Statistics Welfare Analysis |
| title | Welfare Analysis of Changing Notches Evidence from Bolsa Familia |
| title_auth | Welfare Analysis of Changing Notches Evidence from Bolsa Familia |
| title_exact_search | Welfare Analysis of Changing Notches Evidence from Bolsa Familia |
| title_exact_search_txtP | Welfare Analysis of Changing Notches Evidence from Bolsa Familia |
| title_full | Welfare Analysis of Changing Notches Evidence from Bolsa Familia Katy Bergstrom |
| title_fullStr | Welfare Analysis of Changing Notches Evidence from Bolsa Familia Katy Bergstrom |
| title_full_unstemmed | Welfare Analysis of Changing Notches Evidence from Bolsa Familia Katy Bergstrom |
| title_short | Welfare Analysis of Changing Notches |
| title_sort | welfare analysis of changing notches evidence from bolsa familia |
| title_sub | Evidence from Bolsa Familia |
| topic | Bounds Bunching Finance and Financial Sector Development Financial Sector and Social Assistance Jumping MVPF Notches Poverty Reduction Social Protections and Assistance Social Protections and Labor Sufficient Statistics Welfare Analysis |
| topic_facet | Bounds Bunching Finance and Financial Sector Development Financial Sector and Social Assistance Jumping MVPF Notches Poverty Reduction Social Protections and Assistance Social Protections and Labor Sufficient Statistics Welfare Analysis |
| url | https://doi.org/10.1596/1813-9450-10117 |
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