Table 3.

Summary of Benefit-Cost Analysis of the Perry and $\text{ABC}$

	Perry	$\text{ABC}$
Benefits
Parental Income	N/A	133,326
Education	303	−5,151
Labor Income	68,348	146,672
Crime	88,065	513,420
Health	54,048	63,794
Other	N/A	−21,408
Costs
Total Program Cost	23,478	105,530
Net Social Benefit (Benefits Less Costs)
Baseline Program Cost	187,287	725,124
Subtract Deadweight Loss	175,548	672,359
Benefit-Cost Ratio
Baseline Program Cost	9.0	7.9
Subtract Deadweight Loss	6.0	5.2

Note: Reproduced from García et al. (2021) (Perry) and García et al. (2020) ($\text{ABC}$), after conversion to 2021 dollars. The benefit components of the former are based on observation, except for health which is based on forecast, while the benefit components of the latter are based on forecast. The total cost is observed for both programs. For Perry, there are no monetized benefits for the parents due their potentially improved income given the de facto childcare component of the program. Other costs refer to savings due to less expenditure in childcare alternatives, which were not available for control-group Perry participants.