Cash-on-Hand & College Enrollment: Evidence from Population Tax Data and Policy Nonlinearities
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This research represents our private research efforts and does not reflect the views or opinions of the U.S. Treasury or the National Bureau of Economic Research. We thank Peter Bergman, Sandy Black, David Card, Raj Chetty, Hilary Hoynes, Larry Katz, Paco Martorell, Judy Scott-Clayton, Steve Trejo, Emmanuel Saez, Eric Zwick and numerous seminar participants for valuable comments and suggestions. Day Manoli is grateful for funding from the Laura and John Arnold Foundation. We also thank Randeep Kaur for excellent research assistance. The authors declare that they have no relevant or material financial interests that relate to the research described in this paper.