G2TT
来源类型Journal Article
规范类型其他
First-Year Impacts on Savings and Economic Well-Being from the Assets for Independence Program Randomized Evaluation
Gregory B. Mills; Signe-Mary McKernan; Caroline Ratcliffe; Sara Edelstein; Mike Pergamit; Breno Braga
发表日期2019-05-29
出版年2019
语种英语
概述Individual development accounts (IDAs) help low‐income families save by providing a savings account and a potential match toward personal savings for specific investments, such as a first home, business capitalization, or postsecondary education and training. The Assets for Independence (AFI) program uses AFI IDAs—commonly coupled with financial education—with the goal of helping low‐income
摘要

Individual development accounts (IDAs) help low‐income families save by providing a savings account and a potential match toward personal savings for specific investments, such as a first home, business capitalization, or postsecondary education and training. The Assets for Independence (AFI) program uses AFI IDAs—commonly coupled with financial education—with the goal of helping low‐income households achieve greater self‐sufficiency. Using a randomized controlled trial, we evaluate the impact of AFI after one year and find that the median level of liquid assets was $657 higher for the treatment group than the control group (before matching funds). We also find that the treatment (vs control) group experienced less material hardship (by 34%) and was less likely to use nonbank check‐cashing services (by 39%).

Access the article here (clicking this link will take you an external site).

主题Families ; Income and Wealth
URLhttps://www.urban.org/research/publication/first-year-impacts-savings-and-economic-well-being-assets-independence-program-randomized-evaluation
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/480600
推荐引用方式
GB/T 7714
Gregory B. Mills,Signe-Mary McKernan,Caroline Ratcliffe,et al. First-Year Impacts on Savings and Economic Well-Being from the Assets for Independence Program Randomized Evaluation. 2019.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Gregory B. Mills]的文章
[Signe-Mary McKernan]的文章
[Caroline Ratcliffe]的文章
百度学术
百度学术中相似的文章
[Gregory B. Mills]的文章
[Signe-Mary McKernan]的文章
[Caroline Ratcliffe]的文章
必应学术
必应学术中相似的文章
[Gregory B. Mills]的文章
[Signe-Mary McKernan]的文章
[Caroline Ratcliffe]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。