ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $482 | Benefits minus costs | ($2,038) | |||
Participants | $0 | Benefit to cost ratio | $0.15 | |||
Others | $848 | Chance the program will produce | ||||
Indirect | ($962) | benefits greater than the costs | 20% | |||
Total benefits | $367 | |||||
Net program cost | ($2,406) | |||||
Benefits minus cost | ($2,038) | |||||
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. |
32 | 9 | 5045 | -0.025 | 0.038 | 33 | -0.025 | 0.038 | 41 | -0.037 | 0.368 | |
GED attainment^ Successful attainment of a General Educational Development (GED) credential. |
32 | 1 | 156 | 0.651 | 0.174 | 36 | n/a | n/a | n/a | 0.651 | 0.001 | |
Illicit drug use^ Adult use of illicit drugs that does not rise to the level of “disordered.” When possible, we exclude cannabis/marijuana use from this outcome. |
32 | 1 | 123 | -0.321 | 0.176 | 36 | n/a | n/a | n/a | -0.321 | 0.069 | |
Cannabis use^ Adult use of cannabis that does not rise to the level of “disordered.” |
32 | 1 | 123 | -0.148 | 0.178 | 36 | n/a | n/a | n/a | -0.148 | 0.407 | |
Employment^^ Any employment, including part-time work. |
32 | 2 | 2246 | 0.083 | 0.074 | 34 | n/a | n/a | n/a | 0.083 | 0.258 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Crime | Criminal justice system | $482 | $0 | $848 | $241 | $1,570 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($1,203) | ($1,203) |
Totals | $482 | $0 | $848 | ($962) | $367 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $1,964 | 2016 | Present value of net program costs (in 2023 dollars) | ($2,406) |
Comparison costs | $0 | 2014 | Cost range (+ or -) | 10% |
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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