%0 Report %A Dorsett, Richard %A Oswald, Andrew J. %T Human Well-being and In-Work Benefits: A Randomized Controlled Trial %D 2014 %8 2014 Feb %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 7943 %U https://www.iza.org/index.php/publications/dp7943 %X Many politicians believe they can intervene in the economy to improve people's lives. But can they? In a social experiment carried out in the United Kingdom, extensive in-work support was randomly assigned among 16,000 disadvantaged people. We follow a sub-sample of 3,500 single parents for 5 ensuing years. The results reveal a remarkable, and troubling, finding. Long after eligibility had ceased, the treated individuals had substantially lower psychological well-being, worried more about money, and were increasingly prone to debt. Thus helping people apparently hurt them. We discuss a behavioral framework consistent with our findings and reflect on implications for policy. %K randomized controlled trials %K government policy %K in-work benefits %K wage subsidies %K well-being %K happiness