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NATIONAL BUREAU OF ECONOMIC RESEARCH
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A Unified Welfare Analysis of Government Policies

Nathaniel Hendren, Ben Sprung-Keyser

NBER Working Paper No. 26144
Issued in August 2019, Revised in August 2019

---- Acknowledgments ----

We first and foremost thank the several hundred researchers whose empirical results form the foundation of our estimates. We are also deeply indebted to a wonderful team of research assistants: Caroline Dockes, Harris Eppsteiner, Adriano Fernandez, Jack Hoyle, Omeed Maghzian, Kate Musen, and the rest of the exceptional team of Pre-Doctoral Fellows at Opportunity Insights. We are also grateful to Raj Chetty, David Deming, Winnie van Dijk, Amy Finkelstein, John Friedman, Andrew Goodman-Bacon, Hilary Hoynes, John Eric Humphries, Larry Katz, Sarah Miller, Evan Soltas, Larry Summers, Michael Stepner, and Laura Wherry for helpful comments and suggestions, along with seminar participants at Georgetown, LSE, IFS, the University of Kentucky, the University of Minnesota, and Texas A&M. This research was funded by the National Science Foundation (#CAREER1653686 (Hendren) and #DGE1745303 (Sprung-Keyser)), the Sloan Foundation (Hendren), the Bill and Melinda Gates Foundation (Hendren), and the Chan Zuckerberg Initiative (Hendren). Any opinions, findings, and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the National Science Foundation. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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