@TechReport{iza:izadps:dp2034,
            	author={Baumgartner, Hans J. and Steiner, Viktor},
            	title={Does More Generous Student Aid Increase Enrolment Rates into Higher Education? Evaluating the German Student Aid Reform of 2001},
            	year={2006},
	month={Mar},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={2034},
            	url={https://www.iza.org/publications/dp2034},
	abstract={Students from low-income families are eligible to student aid under the federal students' financial assistance scheme (BAfoeG) in Germany. We evaluate the effectiveness of a recent
reform of student aid that substantially increased the amount received by eligible students to raise enrolment rates into tertiary education. We view this reform as a 'natural experiment' and apply the difference-in-difference methodology using a discrete-time hazard rate model to estimate the causal effect on enrolment rates into higher education. We find that the reform had a small positive but statistically insignificant effect on enrolment rates.
},
	keywords={educational transitions;educational finance;natural experiment and difference-indifference estimation},
            }