ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $4,792 | Benefits minus costs | $13,430 | |||
Participants | $1,161 | Benefit to cost ratio | $8.04 | |||
Others | $8,189 | Chance the program will produce | ||||
Indirect | $1,196 | benefits greater than the costs | 100% | |||
Total benefits | $15,337 | |||||
Net program cost | ($1,907) | |||||
Benefits minus cost | $13,430 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | Effect sizes (ES) and standard errors (SE) used in the benefit-cost analysis | Unadjusted effect size (random effects model) | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
First time ES is estimated | Second time ES is estimated | |||||||||||
ES | SE | Age | ES | SE | Age | ES | p-value | |||||
Crime Any criminal conviction according to court records, sometimes measured through charges, arrests, incarceration, or self-report. |
30 | 16 | 25623 | -0.152 | 0.041 | 31 | -0.152 | 0.041 | 39 | -0.152 | 0.001 | |
Technical violations^^ Violations of the conditions of an individual’s terms of probation, parole, or supervision. |
30 | 2 | 1010 | 0.090 | 0.056 | 31 | n/a | n/a | n/a | 0.090 | 0.104 | |
Employment^^ Any employment, including part-time work. |
30 | 2 | 6082 | 0.229 | 0.057 | 32 | n/a | n/a | n/a | 0.229 | 0.001 | |
Earnings Percent change in labor market earnings, typically weekly or monthly wages. |
30 | 2 | 7605 | 0.026 | 0.012 | 32 | 0.000 | 0.032 | 33 | 0.026 | 0.037 | |
Prison misconduct^ Criminal or deviant behavior during incarceration. Misconduct is often associated with violating policy within a prison or secure facility. |
30 | 4 | 9419 | -0.130 | 0.100 | 31 | n/a | n/a | n/a | -0.130 | 0.193 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Crime | Criminal justice system | $4,299 | $0 | $8,189 | $2,149 | $14,637 |
Earnings | Labor market earnings | $493 | $1,161 | $0 | $0 | $1,654 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($954) | ($953) |
Totals | $4,792 | $1,161 | $8,189 | $1,196 | $15,337 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $1,907 | 2023 | Present value of net program costs (in 2023 dollars) | ($1,907) |
Comparison costs | $0 | 2023 | Cost range (+ or -) | 30% |
Benefits Minus Costs |
Benefits by Perspective |
Taxpayer Benefits by Source of Value |
Benefits Minus Costs Over Time (Cumulative Discounted Dollars) |
The graph above illustrates the estimated cumulative net benefits per-participant for the first fifty years beyond the initial investment in the program. We present these cash flows in discounted dollars. If the dollars are negative (bars below $0 line), the cumulative benefits do not outweigh the cost of the program up to that point in time. The program breaks even when the dollars reach $0. At this point, the total benefits to participants, taxpayers, and others, are equal to the cost of the program. If the dollars are above $0, the benefits of the program exceed the initial investment. |
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