ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $2,469 | Benefits minus costs | $6,467 | |||
Participants | $4,550 | Benefit to cost ratio | $7.44 | |||
Others | $630 | Chance the program will produce | ||||
Indirect | ($178) | benefits greater than the costs | 99% | |||
Total benefits | $7,472 | |||||
Net program cost | ($1,005) | |||||
Benefits minus cost | $6,467 | |||||
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 | |||||
Post-traumatic stress Clinical diagnosis of post-traumatic stress disorder (PTSD) or symptoms measured on a validated scale. |
37 | 11 | 405 | -0.336 | 0.076 | 38 | -0.336 | 0.076 | 39 | -0.641 | 0.001 | |
Major depressive disorder Clinical diagnosis of major depression or symptoms measured on a validated scale. |
37 | 6 | 232 | -0.192 | 0.099 | 38 | -0.100 | 0.121 | 39 | -0.356 | 0.002 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Major depressive disorder | Mortality associated with depression | $1 | $2 | $0 | $20 | $22 |
Post-traumatic stress | Labor market earnings associated with PTSD | $1,858 | $4,376 | $0 | $0 | $6,234 |
Health care associated with PTSD | $611 | $173 | $630 | $305 | $1,719 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($502) | ($502) |
Totals | $2,469 | $4,550 | $630 | ($178) | $7,472 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $772 | 2008 | Present value of net program costs (in 2022 dollars) | ($1,005) |
Comparison costs | $0 | 2008 | Cost range (+ or -) | 15% |
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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