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Full-Text Articles in Social Work
Seoul Hope Plus Savings Accounts: Asset-Building Program For Low-Income Households In Seoul (Second-Year Collaborative Research Report), Youngmi Kim, Soonung Lee, Mihyun Kim
Seoul Hope Plus Savings Accounts: Asset-Building Program For Low-Income Households In Seoul (Second-Year Collaborative Research Report), Youngmi Kim, Soonung Lee, Mihyun Kim
Center for Social Development Research
Seoul Hope Plus Savings Accounts: Asset-Building Program for Low-Income Households in Seoul (Second-Year Collaborative Research Report)
Ten-Year Impacts Of Individual Development Accounts On Homeownership: Evidence From A Randomized Experiment, Michal Grinstein-Weiss, Michael Sherraden, William Gale, William M. Rohe, Mark Schreiner, Clinton Key
Ten-Year Impacts Of Individual Development Accounts On Homeownership: Evidence From A Randomized Experiment, Michal Grinstein-Weiss, Michael Sherraden, William Gale, William M. Rohe, Mark Schreiner, Clinton Key
Center for Social Development Research
This paper presents evidence from a randomized field experiment to evaluate the long-term impact of an incentive for household saving. We examine the effect on homeownership of an Individual Development Account (IDA) program which ran from 1998 to 2003 in Tulsa, Oklahoma. The IDA program provided low-income households with financial education and matching funds for qualified savings withdrawals, including a 2:1 match for housing down payments. About 90% of treatment group members opened IDA accounts, and contributions averaged about $1,800. Homeownership rates for both treatment and control groups increased substantially throughout the experiment. Prior work shows that from 1998 to …
Inquiry, Innovation, & Impact: Report To The Community, Center For Social Development
Inquiry, Innovation, & Impact: Report To The Community, Center For Social Development
Center for Social Development Research
Inquiry, Innovation, & Impact: Report to the Community