Li, Hui; Upadhyay, Mukti - In: Economics Bulletin 9 (2008) 2, pp. 1-4
This paper empirically analyzes the effects of welfare reform on US poverty by applying a two-stage estimation procedure with the random effects model using panel data from 1991 through 2003. Our results suggest that a rise in TANF or in unemployment rate raises poverty, whereas the welfare...