| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29285 |
| 来源ID | Working Paper 29285 |
| The Initial Effects of the Expanded Child Tax Credit on Material Hardship | |
| Zachary Parolin; Elizabeth Ananat; Sophie M. Collyer; Megan Curran; Christopher Wimer | |
| 发表日期 | 2021-09-27 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | The transformation of the Child Tax Credit (CTC) into a more generous, inclusive monthly payment marks a historic (temporary) shift in U.S. treatment of low-income families. To investigate the initial impact of these payments, we apply a series of difference-in-difference estimates using Census Household Pulse Survey microdata collected from April 14 through August 16, 2021. Our findings offer three primary conclusions regarding the initial effects of the monthly CTC. First, payments strongly reduced food insufficiency: the initial payments led to a 7.5 percentage point (25 percent) decline in food insufficiency among low-income households with children. Second, the effects on food insufficiency are concentrated among families with 2019 pre-tax incomes below $35,000, and the CTC strongly reduces food insufficiency among low-income Black, Latino, and White families alike. Third, increasing the CTC coverage rate would be required in order for material hardship to be reduced further. Self-reports suggest the lowest-income households were less likely than higher-income families to receive the first CTC payments. As more children receive the benefit in future months, material hardship may decline further. Even with imperfect coverage, however, our findings suggest that the first CTC payments were largely effective at reducing food insufficiency among low-income families with children. |
| 主题 | Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Poverty and Wellbeing ; Labor Economics ; Demography and Aging |
| URL | https://www.nber.org/papers/w29285 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586959 |
| 推荐引用方式 GB/T 7714 | Zachary Parolin,Elizabeth Ananat,Sophie M. Collyer,et al. The Initial Effects of the Expanded Child Tax Credit on Material Hardship. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29285.pdf（607KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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