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

Richard F. Bieker

Journal of the Northeastern Agricultural Economics Council, 1979, vol. 08, issue 01, 4

Abstract: 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.

Keywords: Consumer/Household Economics; Public Economics; Risk and Uncertainty (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nareaj:159292

DOI: 10.22004/ag.econ.159292

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