TY - RPRT AU - Dorsett, Richard AU - Oswald, Andrew J. TI - Human Well-being and In-Work Benefits: A Randomized Controlled Trial PY - 2014/Feb/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 7943 UR - https://www.iza.org/index.php/publications/dp7943 AB - 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. KW - randomized controlled trials KW - government policy KW - in-work benefits KW - wage subsidies KW - well-being KW - happiness ER -