Self-Sufficiency Project (SSP), an experiment providing generous financial incentives to exit welfare and obtain stable … employment. The model incorporates the main features of many unemployment insurance and welfare programs, including eligibility … control group and simulate the experiment within the model. The model matches the welfare-to-work transition of the treatment …

This paper examines the welfare implications associated with different degrees of diversity or similarity between … populations, everyone ends up in the country with the highest initial level of human capital. Welfare under any of the equilibrium …. In addition, trade and migration are not equivalent if social capital is present: the highest welfare is obtained with …