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Economic freedom and human welfare: some empirical findings

Article Abstract:

A study was conducted to examine the relationship between economic performance and economic freedom. 'Economic Freedom of the World,' the revised 1997 edition of James Gwartney, Robert Lawson and Walter Block's first volume, which contained statistics on the strength of economic freedom in 115 countries, was used as the basis for the analysis. Results demonstrate the impact of economic freedom on other indicators of human well-being such as life expectancy, income distribution and unemployment.

Author: Grubel, Herbert G.
Publisher: Cato Institute
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1998
Unemployment, Income distribution, Life expectancy, Free enterprise

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The effect of welfare on high school graduation

Article Abstract:

The impact of higher welfare support levels on school participation rates are examined to determine the validity of standard economic theory on education. A random sample of 18- to 25-yr. old single mothers is used for the study. Results show that increases in the welfare system do not significantly affect educational levels. This result contradicts most of the findings provided for in empirical literature.

Author: Gensler, Howard
Publisher: Cato Institute
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1996
Analysis, Educational research, Welfare, Public assistance

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Employment prospects of welfare recipients: another look at the data

Article Abstract:

Several methods were used to examine data on female welfare recipients to project their employment prospects. Multiple regression analysis, adjustment for unmeasured differences and econometric approaches projected high levels of yearly labor force participation for female welfare recipients.

Author: Kaestner, Robert
Publisher: Cato Institute
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1999
United States, Statistical Data Included, Employment, Welfare recipients, Welfare reform

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Subjects list: Research, Economic aspects
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