The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
TIME‐INCONSISTENCY AND WELFARE PROGRAM PARTICIPATION: EVIDENCE FROM THE NLSY*
Abstract
We empirically implement a dynamic structural model of labor supply and welfare program participation for agents with potentially time‐inconsistent preferences. Using panel data on the choices of single women with children from the National Longitudinal Surveys (NLSY) 1979, we provide estimates of the degree of time‐inconsistency, and of its influence on the welfare take‐up decision. With these estimates, we conduct counterfactual experiments to quantify a measure of the utility loss stemming from the inability to commit to future decisions, and the potential gains from commitment mechanisms such as welfare time limits and work requirements.
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Cites
Golden eggs and hyperbolic discounting
Laibson, D. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555253 · Cited by 6,122
Myopia and Inconsistency in Dynamic Utility Maximization
Strotz, R. H. (1955) · The Review of Economic Studies · doi:10.2307/2295722 · Cited by 2,834
Individual discount rates and the purchase and utilization of energy-using durables
Hausman, J. A. (1979) · The Bell Journal of Economics · doi:10.2307/3003318 · Cited by 1,372
O'Donoghue, T., & Rabin, M. (2001) · The Quarterly Journal of Economics · doi:10.1162/003355301556365 · Cited by 944
Cited by
Della Vigna, S., & Malmendier, U. (2006) · American Economic Review · doi:10.1257/aer.96.3.694 · Cited by 1,117
Contract Design and Self-Control: Theory and Evidence
DellaVigna, S., & Malmendier, U. (2004) · The Quarterly Journal of Economics · doi:10.1162/0033553041382111 · Cited by 768
Dynamic discrete choice structural models: A survey
Aguirregabiria, V., & Mira, P. (2010) · Journal of Econometrics · doi:10.1016/j.jeconom.2009.09.007 · Cited by 458
Discounting financial literacy: Time preferences and participation in financial education programs
Meier, S., & Sprenger, C. D. (2013) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2012.02.024 · Cited by 311
Procrastination in the Field: Evidence from Tax Filing
Martinez, S.-K., Meier, S., & Sprenger, C. (2023) · Journal of the European Economic Association · doi:10.1093/jeea/jvac067 · Cited by 17
Metadata
- Authors
- Fang, H., & Silverman, D.
- Venue
- International Economic Review
- Publisher
- Wiley
- Published
- 2009-10-26
- Volume
- 50
- Issue
- 4
- Pages
- 1043-1077
- ISSN
- 0020-6598 (ISSN-L)
- 1468-2354
- OpenAlex
- W2165581867
- Cited by
- 175
- References
- 4
- FWCI
- 27.05
- Type
- journal article
- Language
- en
- Open access
- closed
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- Fang, H., & Silverman, D. (2009). TIME‐INCONSISTENCY AND WELFARE PROGRAM PARTICIPATION: EVIDENCE FROM THE NLSY*. International Economic Review. https://doi.org/10.1111/j.1468-2354.2009.00559.x
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