In an empirical analysis, we exploit the age eligibility restriction in the Swedish Youth Practice subsidized work program for young unemployed, where compliance is imperfect among the young.
The authors develop results for the use of LASSO and Post-LASSO methods to form first-stage predictions and estimate optimal instruments in linear instrumental variables (IV) models with many instruments, p, that apply even when p is much larger than the sample size, n.
Current and future governments are committed to reducing the rate of relative income child poverty in the UK to 10% by 2020-21. This paper looks in detail at the progress made towards this goal under the previous Labour administrations.
In this note, the authors define a new property of functions called control function separability and show it provides a complete characterization of the structural systems of simultaneous equations in which the control function procedure is valid.
Childcare costs are often viewed as one of the biggest barriers to work, particularly among lone parents on low incomes. We investigate the impact of youngest child being eligible for full-time primary education (relative to part-time nursery education) on welfare receipt and employment patterns amongst lone parents receiving welfare.
We find a very strong correlation between cognitive ability across generations, as well as a strong relationship between family socio-economic status and cognitive ability.
Using a simple decomposition analysis, we show that around two thirds of the socio-economic gap in attainment at age 16 can be accounted for by long-run family background characteristics and prior ability.
