Paying Students to Stay in School:Short- and Long-term Effects of a Conditional Cash Transfer in England

McKendrick, Andrew (2022) Paying Students to Stay in School:Short- and Long-term Effects of a Conditional Cash Transfer in England. Working Paper. Lancaster University, Department of Economics, Lancaster.

[img]
Text (LancasterWP2022_002)
LancasterWP2022_002.pdf - Published Version
Available under License Creative Commons Attribution-NonCommercial.

Download (1MB)

Abstract

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.

Item Type:
Monograph (Working Paper)
Subjects:
ID Code:
167877
Deposited By:
Deposited On:
23 Mar 2022 14:25
Refereed?:
No
Published?:
Published
Last Modified:
12 May 2022 00:18