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Full-Text Articles in Income Distribution
Impact Of Welfare Participation During Childhood On Adult Income, Curran A. Prettyman
Impact Of Welfare Participation During Childhood On Adult Income, Curran A. Prettyman
Lewis Honors College Capstone Collection
This paper analyzes the impact of welfare participation during childhood on adult income. In the United States, welfare programs have a long history originating from the 1800s, and over $20 billion are currently allocated to various anti-poverty programs, such as Aid to Families with Dependent Children and Supplemental Security Income. Many people believe that these programs effectively eradicate childhood poverty. However, ordinary least squares and instrumental variables regression models suggest welfare programs are counterproductive. On average, holding all else constant, with 95% confidence, the total dollar amount of funding received from welfare programs during childhood is statistically significant to a …
The Effect Of Snap On Poverty, Laura Tiehen, Dean Jolliffe, Timothy Smeeding
The Effect Of Snap On Poverty, Laura Tiehen, Dean Jolliffe, Timothy Smeeding
University of Kentucky Center for Poverty Research Discussion Paper Series
On signing the Food Stamp Act of 1964, President Johnson noted that “as a permanent program, the food stamp plan will be one of our most valuable weapons for the war on poverty” (Johnson, 1964). From a humble beginning of 2.9 million recipients per month and $228 million in benefits in 1969 (earliest national figures), the program has grown to serve 47 million persons with benefits of over $74.6 Billion in 2012 (USDA, 2013a). In the late 60’s and early 70’s, when the average monthly benefit was under $20 per month per month, we did not record the effects of …