FORECASTING AID TO FAMILIES WITH DEPENDENT CHILDREN CASELOADS AND PAYMENTS IN DELAWARE

The purpose of this paper is to present a model which was developed to forecast Aid to Families with Dependent Children (AFDC) caseloads and payments in Delaware. The model consists of a caseload equation. a payments equation. and three labor market equations. The model. which was fitted statistically using quarterly data for the period 1958-1976, forecasts significantly better than trend type models. In addition , the model, unlike trend type models has the potential for forecasting turning points and can be used to simulate the impact of proposed policy changes.


Issue Date:
1979-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/159292
Published in:
Journal of the Northeastern Agricultural Economics Council, Volume 08, Number 1
Journal of the Northeastern Agricultural Economics Council
Page range:
35-38
Total Pages:
4




 Record created 2017-04-01, last modified 2017-08-27

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