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Washington University in St. Louis
Cash transfers ; health ; social policy ; race ; income ; wealth ; social determinants of health ; socioeconomic status ;
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Cash Transfers And Health, Sicong Sun, Jin Huang, Darrell Hudson, Michael Sherraden
Cash Transfers And Health, Sicong Sun, Jin Huang, Darrell Hudson, Michael Sherraden
Center for Social Development Research
Financial resources are known to affect health outcomes. Many types of social policies and programs, including social assistance and social insurance, have been implemented around the world to increase financial resources. As an overall term, we refer to these as cash transfers. In this article, we discuss whether, how, for whom, and to what extent purposeful cash transfers may improve health, both theoretically and empirically. The overall finding is that cash transfers are very positive, but as usual, there are many complexities and variations. Continuing research and policy innovation—for example, universal basic income and universal Child Development Accounts—are likely to …