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Life-Cycle Bias Adjustment and Intergenerational Association in Crime

生命周期偏差调整与犯罪的代际关联

Using age-specific measures as proxies for lifetime outcomes can introduce bias into estimates of intergenerational associations. We extend the generalized errors-in-variables (GEiV) model to the estimation of intergenerational crime associations and implement a data-driven method to correct for life-cycle bias. The GEiV adjustment accounts for both the extensive and intensive margins and introduces an elasticity estimator that accommodates zeros. Our results show that…

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Do Academically Struggling Students Benefit from Continued Student Loan Access? Evidence from University and Beyond

学业困难学生能否受益于持续获得学生贷款?来自大学及毕业后的证据

Abstract We estimate the effects of student loan access on educational attainment and labor market returns in New Zealand. We exploit the introduction of a national policy mandating a 50% pass rate for student loan renewals using a regression discontinuity design. Retaining loan access increases reenrollment for students around the threshold, and a majority eventually graduate with a bachelor's degree within seven years. We find that retaining student loan access leads to…

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