Michal Grinstein-Wei
Biographic Data
| ID | 2819183 |
|---|---|
| NAME | Michal Grinstein-Wei |
| GIVEN NAMES | Michal |
| FAMILY NAME | Grinstein-Wei |
| SIGNATURE | GRINSTEIN-WEI M |
| AFFILIATIONS | Washington University in St. Louis |
| ORCID | 0000-0003-2987-8979 |
| VERIFIED | Yes |
| TOTAL WORKS | 45 |
| TOTAL CITATIONS | 230 |
| AUTHOR COUNT | 45 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2006 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 9 |
Pinching Pennies or Money to Burn
We examined grit in the context of a wealth-building situation: tax refund savings. Specifically, we leveraged a novel dataset combining longitudinal survey data with administrative tax data for a sample of 6,904 low- and moderate-income (LMI) tax filers in the United States. After statistically balancing individuals on grit across a range of important characteristics with propensity score weighting, we found that grit was associated with better …
Which Side (of the Balance Sheet) Are You On? Household Financial Resources and Participation in the 2020 Protests
The summer of 2020 was marked by widespread protests. Though research has often examined the predictors of protest participation, there exists little work examining the relationship between different types of wealth and protesting. Drawing on resource-based theories of protest participation and asset-based theories of civic engagement, we constructed regression models disentangling relationships between income, liquid assets, investment assets, h…
Nothing to show for it
How does social support relate to emotional availability for learning during Covid-19? A multi-group structural equation model of university students from the U.S. and Israel
Emergency Savings among Persistently Poor Households
Low-income households struggle to accumulate emergency savings, which increases economic vulnerability in the face of unexpected events like expensive car repairs. This vulnerability may be even greater among persistently low-income households, which might benefit most from building emergency savings using tax refunds. This study examined the effects of randomly assigned behavioral interventions that incorporated a choice architecture manipulatio…
Assessing the Short-Term Stability of Financial Well-Being in Low- and Moderate-Income Households
Household Spending Patterns and Hardships during Covid-19
Racial and Ethnic Disparities in Housing Instability During the Covid-19 Pandemic
Perceptions of School Quality and Student Learning During the Pandemic
Given the inequitable distribution of resources across school, neighborhood, and home contexts in the United States, lower resourced students may have had fewer opportunities to learn during the coronavirus disease 2019 pandemic, which may have caused previous disadvantages to accumulate during the pandemic. Nevertheless, research has yet to comprehensively explore how school, neighborhood, and home contexts— together—relate to perceptions of sch…
Financial Shocks and Financial Well-Being
Household Savings Decisions in Israel’s Child Savings Program
Material Hardship among Lower-Income Households
Lower income households are at risk for material hardship, particularly amidst the economic fallout of COVID-19. Where one lives (e.g., suburb, small town) may affect this risk due to variable access to resources, yet the evidence is mixed concerning the influence of place. We used a pooled, national cross-sectional sample of 66,046 lower-income tax filers to examine differences in material hardship in rural, small town, micropolitan, and urban a…
Introduction
COVID; inequality; public health; racial differences; vulnerability
Do Racial and Ethnic Disparities in Savings and Job Loss during Covid-19 Explain Disparities in Housing Hardships? A Moderated Mediation Analysis
Despite the array of public programs offered to help households mitigate the economic impacts of the COVID-19 pandemic, many still needed to rely on savings, credit, or other assets to make ends meet. This reality may exacerbate existing social and economic inequities because racial and ethnic minorities often have lower access to assets and credit than white households. We use longitudinal national survey data to explore the extent to which diff…
The Saving for Every Child Program in Israel
In 2017, the Israeli government implemented a universal child development account programme – the Saving for Every Child Program (SECP) – which establishes a personal savings account for every Israeli child and provides monthly deposits until the child turns 18. The SECP has the potential to provide substantial assets when children reach adulthood, but the benefits depend on parents’ investment choices. The unique programme’s nature presents oppo…
Enrollment and participation in a universal child savings program
Financial Shocks, Liquid Assets, and Material Hardship in Low- and Moderate-Income Households
The Mediating Role of Assets in Explaining Hardship Risk among Households Experiencing Financial Shocks
Journal Article The Mediating Role of Assets in Explaining Hardship Risk among Households Experiencing Financial Shocks Get access Mathieu R Despard, Mathieu R Despard Address correspondence to Mathieu R. Despard, George Warren Brown School of Social Work, Washington University in St. Louis, 1 Brookings Drive, St. Louis, MO 63130; e-mail: [email protected]. Search for other works by this author on: Oxford Academic Google Scholar Shenyang Guo, Sh…
Effects of a Tax-Time Savings Experiment on Material and Health Care Hardship among Low-Income Filers
Material and health care hardship is common among households with low incomes and is associated with a host of adverse outcomes but can be mitigated with having savings. The authors assessed the effects of online tax-time savings interventions informed by behavioral economics on hardship among a sample of low- and moderate-income tax filers (N = 4,738). The authors find that filers who received an intervention had a statistically significant, low…
Do Tax-Time Savings Deposits Reduce Hardship Among Low-Income Filers? A Propensity Score Analysis
Objective: A lack of emergency savings renders low-income households vulnerable to material hardships resulting from unexpected expenses or loss of income. Having emergency savings helps these households respond to unexpected events, maintain consumption, and avoid high-cost credit products. Because many low-income households receive sizable federal tax refunds, tax time is an opportunity for these households to allocate a portion of refunds to s…
Student debt and hardship
Racial disparities in education debt burden among low- and moderate-income households
Individual Development Accounts and Homeownership among Low-income Adults with Disabilities
We examined the long-term effects of Individual Development Accounts (IDAs), savings accounts that match funds deposited by participants for qualified purposes, on homeownership rates among study participants with disabilities in a randomized experiment. Results from a 10-year follow-up of the IDAs indicate that rates of homeownership were nearly 10 percentage points higher for treatment participants with disabilities than for control-group membe…
The Impact of Homeownership on Marriage and Divorce
This research examined the relationship between homeownership and the likelihood of marriage or divorce. Drawing on exchange theory and an economic understanding of marriage, the authors hypothesized that single homeowners are less likely to marry than single renters, whereas married homeowners are less likely to divorce than married renters. These hypotheses were tested using longitudinal data collected from a group of lower income homeowners an…
Future Orientation as a Mediator between Assets and Perceived Household Economic Stability
This article tests the mediation effects of future orientation in the relationship between assets and perceived economic stability. The first model, proposed by Sherraden, presents the direct effects of assets on perceived economic stability without any intermediary role of future orientation. The second model presents a model of asset effects on perceived economic stability that is fully mediated by future orientation as proposed by Shobe and Pa…
One adult who is crazy about you
Homeownership and Neighborhood Satisfaction among Low- and Moderate-Income Households
Most research on homeownership is conducted on nationally representative samples of homeowners and fails to isolate the unique experience of low- and moderate-income (LMI) homeowners. Given the interest of policymakers in promoting homeownership among LMI households over the past 20 years, along with the apparent role played by risky borrowers—many of whom are low-income—in the current housing market crisis, it is important to evaluate both econo…
Assets beyond Savings in Individual Development Accounts
This study examines whether participation in Individual Development Accounts (IDAs) provides low‐income participants with significant accumulation in assets beyond matched savings. Using a longitudinal experimental research design, the study tests whether the experiment affects accumulation in five types of assets: liquid assets, other financial assets, total financial assets, real assets, and total assets. Results show that the experimental and …
The Mediating Role of Assets in Explaining Hardship Risk among Households Experiencing Financial Shocks
Journal Article The Mediating Role of Assets in Explaining Hardship Risk among Households Experiencing Financial Shocks Get access Mathieu R Despard, Mathieu R Despard Address correspondence to Mathieu R. Despard, George Warren Brown School of Social Work, Washington University in St. Louis, 1 Brookings Drive, St. Louis, MO 63130; e-mail: [email protected]. Search for other works by this author on: Oxford Academic Google Scholar Shenyang Guo, Sh…
Parental transfer of financial knowledge and later credit outcomes among low- and moderate-income homeowners
Asset Building in Rural Communities
This study examines the unique experiences of low-income rural participants in an asset building program-the Individual Development Account. Using data from the American Dream Demonstration, this study addresses three main questions: (1) What are the individual characteristics associated with saving outcomes among rural IDA participants? (2) What are the program characteristics associated with savings among rural participants? (3) What are the po…
Saving and asset accumulation among low-income families with children in IDAs
Financial Shocks, Liquid Assets, and Material Hardship in Low- and Moderate-Income Households
Asset holding and net worth among households with children
The Effect of Marital Status on Home Ownership among Low-Income Households
This research examines whether married low-income renters are more likely to become home owners than comparable single, low-income renters. To do so, it employs data from the Community Advantage Panel Study and discrete-time survival analysis with propensity-score matching. Results suggest that married couples buy homes at higher rates, and buy them more quickly, than do their unmarried counterparts. Estimates in models that use propensity-score …
Assets and Income
The authors analyzed data from the 2001 Survey of Income and Program Participation (SIPP) to determine the extent of a disability-based net worth and income gap among U.S. households. The sample included 4,154 households with an adult with disabilities and 12,365 households without an adult with disabilities. Households with an adult with disabilities had substantially reduced net worth and income as contrasted with households without adults with…
Racial disparities in education debt burden among low- and moderate-income households
The Impact of Homeownership on Marriage and Divorce
This research examined the relationship between homeownership and the likelihood of marriage or divorce. Drawing on exchange theory and an economic understanding of marriage, the authors hypothesized that single homeowners are less likely to marry than single renters, whereas married homeowners are less likely to divorce than married renters. These hypotheses were tested using longitudinal data collected from a group of lower income homeowners an…
Parental Assets
A growing body of evidence suggests parental assets have positive effects on children's well-being. Using 2004 data from the Survey of Income and Program Participation, this study tests the effect of parental asset holding on child educational outcomes, and explores whether parental involvement and expectations mediate this relationship. Results indicate that assets are a significant predictor of all child academic outcomes of our study; however,…
Saving Performance in Individual Development Accounts
Research indicates that marriage has a large effect on reducing the risk of poverty and is associated with a higher probability of attaining affluence over the life course when compared with nonmarriage. Using data from the American Dream Demonstration (N =2,364), this study compares savings performances of married and unmarried low-income participants in a matched savings program-Individual Development Accounts. The results indicate that both ma…
Financial Shocks and Financial Well-Being
Social Capital and Homeownership in Low- to Moderate-Income Neighborhoods
This study examined the relationship between homeownership and social capital among low- and moderate-income (LMI) households. Using data from the Community Advantage Panel Study, the authors used propensity score weighting and regression analyses to explore the relationship between LMI homeownership, neighborhood conditions, and social capital. After controlling for several important individual- and neighborhood-level characteristics, the author…
Individual Development Accounts for Housing Policy
Homeownership is a desirable goal for most Americans and is considered an integral part of the American Dream. Empirical studies indicate homeownership has many positive outcomes. However, homeownership is not prevalent among low-income populations. Individual Development Accounts (IDAs) are matched savings accounts designed to help the working poor save for a home or other assets. This paper examines the savings outcomes of IDA participants savi…
Using Individual Development Accounts to Save for a Home
Pursuing home ownership may be an important strategy for long‐term economic and social development of low‐income and minority households. Analyzing data from the American Dream Demonstration (ADD), this study examines the performance among black and white participants of a matched saving program designed to use Individual Development Accounts (IDAs) to expand home ownership among low‐income participants. Results show that both black and white par…
Student debt and hardship
Future Orientation as a Mediator between Assets and Perceived Household Economic Stability
This article tests the mediation effects of future orientation in the relationship between assets and perceived economic stability. The first model, proposed by Sherraden, presents the direct effects of assets on perceived economic stability without any intermediary role of future orientation. The second model presents a model of asset effects on perceived economic stability that is fully mediated by future orientation as proposed by Shobe and Pa…
Loan Performance among Low-Income Households
Financial literacy and financial education play a central role in asset accumulation, shaping individuals' attitudes, behaviors, and decisions in ways that, ultimately, affect their financial and social well-being. The acquisition of financial skills begins with parental teaching and role modeling, which provides children with their first exposure to concepts of saving and money management. Because such parental instruction is crucial to children…
Racial and Ethnic Disparities in Housing Instability During the Covid-19 Pandemic
Do Tax-Time Savings Deposits Reduce Hardship Among Low-Income Filers? A Propensity Score Analysis
Objective: A lack of emergency savings renders low-income households vulnerable to material hardships resulting from unexpected expenses or loss of income. Having emergency savings helps these households respond to unexpected events, maintain consumption, and avoid high-cost credit products. Because many low-income households receive sizable federal tax refunds, tax time is an opportunity for these households to allocate a portion of refunds to s…
Homeownership, Neighbourhood Characteristics and Children’s Positive Behaviours among Low- and Moderate-income Households
Using data on low-to-moderate-income households in the US Community Advantage Program survey, this paper examines homeownership, neighbourhood characteristics and the interaction between the two on the positive behaviour of children from low- and moderate-income households. To control for potential selection bias and endogeneity problems, propensity score weighting and hierarchical regression are employed to tease apart the effects of homeownersh…
Funding Opportunities for Social Work Doctoral Students Through the U.S. Department of Housing and Urban Development
This article introduces the Department of Housing and Urban Development (HUD) as a potential funding source for social work doctoral students. HUD's two doctoral research grant programs (i.e., the Early Doctoral Students Research Grant and the Doctoral Dissertation Research Grant) are nontraditional, largely untapped funding sources for social work doctoral students. The author provides an overview of both programs, describes the application requ…
Saving and asset accumulation among low-income families with children in IDAs
Saving Performance in Individual Development Accounts
Research indicates that marriage has a large effect on reducing the risk of poverty and is associated with a higher probability of attaining affluence over the life course when compared with nonmarriage. Using data from the American Dream Demonstration (N =2,364), this study compares savings performances of married and unmarried low-income participants in a matched savings program-Individual Development Accounts. The results indicate that both ma…
Using Individual Development Accounts to Save for a Home
Pursuing home ownership may be an important strategy for long‐term economic and social development of low‐income and minority households. Analyzing data from the American Dream Demonstration (ADD), this study examines the performance among black and white participants of a matched saving program designed to use Individual Development Accounts (IDAs) to expand home ownership among low‐income participants. Results show that both black and white par…
Asset Building in Rural Communities
This study examines the unique experiences of low-income rural participants in an asset building program-the Individual Development Account. Using data from the American Dream Demonstration, this study addresses three main questions: (1) What are the individual characteristics associated with saving outcomes among rural IDA participants? (2) What are the program characteristics associated with savings among rural participants? (3) What are the po…
Institutional Supports for Faculty Scholarship
Journal Article Institutional Supports for Faculty Scholarship: A National Survey of Social Work Programs Get access Stacey Freedenthal, PhD, Stacey Freedenthal, PhD assistant professor Graduate School of Social Work, University of Denver, 2148 South High Street, Denver, CO 80208; e-mail: [email protected] Search for other works by this author on: Oxford Academic Google Scholar Cathryn Potter, PhD, Cathryn Potter, PhD associate professor …
Asset holding and net worth among households with children
Parental Assets
A growing body of evidence suggests parental assets have positive effects on children's well-being. Using 2004 data from the Survey of Income and Program Participation, this study tests the effect of parental asset holding on child educational outcomes, and explores whether parental involvement and expectations mediate this relationship. Results indicate that assets are a significant predictor of all child academic outcomes of our study; however,…
The impact of low- and moderate-wealth homeownership on parental attitudes and behavior
Assets beyond Savings in Individual Development Accounts
This study examines whether participation in Individual Development Accounts (IDAs) provides low‐income participants with significant accumulation in assets beyond matched savings. Using a longitudinal experimental research design, the study tests whether the experiment affects accumulation in five types of assets: liquid assets, other financial assets, total financial assets, real assets, and total assets. Results show that the experimental and …
Assets and Income
The authors analyzed data from the 2001 Survey of Income and Program Participation (SIPP) to determine the extent of a disability-based net worth and income gap among U.S. households. The sample included 4,154 households with an adult with disabilities and 12,365 households without an adult with disabilities. Households with an adult with disabilities had substantially reduced net worth and income as contrasted with households without adults with…
Individual Development Accounts for Housing Policy
Homeownership is a desirable goal for most Americans and is considered an integral part of the American Dream. Empirical studies indicate homeownership has many positive outcomes. However, homeownership is not prevalent among low-income populations. Individual Development Accounts (IDAs) are matched savings accounts designed to help the working poor save for a home or other assets. This paper examines the savings outcomes of IDA participants savi…
One adult who is crazy about you
Homeownership and parenting practices
Homeownership and Neighborhood Satisfaction among Low- and Moderate-Income Households
Most research on homeownership is conducted on nationally representative samples of homeowners and fails to isolate the unique experience of low- and moderate-income (LMI) homeowners. Given the interest of policymakers in promoting homeownership among LMI households over the past 20 years, along with the apparent role played by risky borrowers—many of whom are low-income—in the current housing market crisis, it is important to evaluate both econo…
Parental transfer of financial knowledge and later credit outcomes among low- and moderate-income homeowners
The Effect of Marital Status on Home Ownership among Low-Income Households
This research examines whether married low-income renters are more likely to become home owners than comparable single, low-income renters. To do so, it employs data from the Community Advantage Panel Study and discrete-time survival analysis with propensity-score matching. Results suggest that married couples buy homes at higher rates, and buy them more quickly, than do their unmarried counterparts. Estimates in models that use propensity-score …
Loan Performance among Low-Income Households
Financial literacy and financial education play a central role in asset accumulation, shaping individuals' attitudes, behaviors, and decisions in ways that, ultimately, affect their financial and social well-being. The acquisition of financial skills begins with parental teaching and role modeling, which provides children with their first exposure to concepts of saving and money management. Because such parental instruction is crucial to children…
Homeownership, Neighbourhood Characteristics and Children’s Positive Behaviours among Low- and Moderate-income Households
Using data on low-to-moderate-income households in the US Community Advantage Program survey, this paper examines homeownership, neighbourhood characteristics and the interaction between the two on the positive behaviour of children from low- and moderate-income households. To control for potential selection bias and endogeneity problems, propensity score weighting and hierarchical regression are employed to tease apart the effects of homeownersh…
Future Orientation as a Mediator between Assets and Perceived Household Economic Stability
This article tests the mediation effects of future orientation in the relationship between assets and perceived economic stability. The first model, proposed by Sherraden, presents the direct effects of assets on perceived economic stability without any intermediary role of future orientation. The second model presents a model of asset effects on perceived economic stability that is fully mediated by future orientation as proposed by Shobe and Pa…
Social Capital and Homeownership in Low- to Moderate-Income Neighborhoods
This study examined the relationship between homeownership and social capital among low- and moderate-income (LMI) households. Using data from the Community Advantage Panel Study, the authors used propensity score weighting and regression analyses to explore the relationship between LMI homeownership, neighborhood conditions, and social capital. After controlling for several important individual- and neighborhood-level characteristics, the author…
The Impact of Homeownership on Marriage and Divorce
This research examined the relationship between homeownership and the likelihood of marriage or divorce. Drawing on exchange theory and an economic understanding of marriage, the authors hypothesized that single homeowners are less likely to marry than single renters, whereas married homeowners are less likely to divorce than married renters. These hypotheses were tested using longitudinal data collected from a group of lower income homeowners an…
Individual Development Accounts and Homeownership among Low-income Adults with Disabilities
We examined the long-term effects of Individual Development Accounts (IDAs), savings accounts that match funds deposited by participants for qualified purposes, on homeownership rates among study participants with disabilities in a randomized experiment. Results from a 10-year follow-up of the IDAs indicate that rates of homeownership were nearly 10 percentage points higher for treatment participants with disabilities than for control-group membe…
Do Tax-Time Savings Deposits Reduce Hardship Among Low-Income Filers? A Propensity Score Analysis
Objective: A lack of emergency savings renders low-income households vulnerable to material hardships resulting from unexpected expenses or loss of income. Having emergency savings helps these households respond to unexpected events, maintain consumption, and avoid high-cost credit products. Because many low-income households receive sizable federal tax refunds, tax time is an opportunity for these households to allocate a portion of refunds to s…
Student debt and hardship
Economics (39 works) · Demographic economics (32 works) · Financial Literacy, Pension, Retirement Analysis (32 works) · Business (24 works) · Psychology (22 works) · Housing Market and Economics (21 works) · Medicine (20 works) · Finance (18 works) · Economic growth (17 works) · Political science (17 works)