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Research output: Working paper
Research output: Working paper
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TY - UNPB
T1 - Paying Students to Stay in School
T2 - Short- and Long-term Effects of a Conditional Cash Transfer in England
AU - McKendrick, Andrew
PY - 2022/3/23
Y1 - 2022/3/23
N2 - I examine the impact of the Education Maintenance Allowance, a conditional cash transfer in England that was available nationally from 2004 to 2011, on a range of short- and long-term outcomes. Average treatment effects are identified, assuming unconfoundedness, using Inverse Probability Weighting Regression Adjustment. Treatment effect heterogeneity is examined using Causal Forests, a new machine learning approach. I find beneficial impacts of EMA on retention, university attendance and, for the first time, insecure work, as measured by the probability of being on a “zero hours” contract. Other outcomes (educational attainment, risky behaviours, and labour market outcomes) are found not to be impacted.
AB - I examine the impact of the Education Maintenance Allowance, a conditional cash transfer in England that was available nationally from 2004 to 2011, on a range of short- and long-term outcomes. Average treatment effects are identified, assuming unconfoundedness, using Inverse Probability Weighting Regression Adjustment. Treatment effect heterogeneity is examined using Causal Forests, a new machine learning approach. I find beneficial impacts of EMA on retention, university attendance and, for the first time, insecure work, as measured by the probability of being on a “zero hours” contract. Other outcomes (educational attainment, risky behaviours, and labour market outcomes) are found not to be impacted.
KW - Education Maintenance Allowance
KW - Causal Forest
KW - Heterogeneity
KW - Labour Market Outcomes
KW - Job Security
KW - Risky Behaviours
M3 - Working paper
T3 - Economics Working Papers Series
BT - Paying Students to Stay in School
PB - Lancaster University, Department of Economics
CY - Lancaster
ER -