Individual Development Accounts and Homeownership among Low-income Adults with Disabilities
Evidence from a Randomized Experiment
Bibliographic Data
| ID | 15684145 |
|---|---|
| Authors | Jin Huang (0000-0002-2833-8041, Saint Louis University, corresponding author), Margaret Lombe (0000-0002-9704-6982, Boston College), Michelle Putnam (0000-0003-1279-2925, Simmons University), Michal Grinstein-Wei (0000-0003-2987-8979, Washington University in St. Louis), Michal Grinstein-Weiss (Washington University in St. Louis, MO, USA), Michael Sherraden (0000-0002-0825-7201, Washington University in St. Louis) |
| Year | 2015 |
| Volume | 10 |
| Issue | 1 |
| Pages | 55-66 |
| Publication date | 2015-11-16 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Applied Social Science (JOURNAL) |
| Journal identifiers | ISSN: 1936-7244 • E-ISSN: 1937-0245 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/1936724415596365 |
| OpenAlex | W2396214136 |
| Language | EN |
| Citations received | 3 |
| References cited | 7 |
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 members with disabilities ( p < .10). The impacts of IDAs seem to vary with the baseline socioeconomic characteristics of participants—particularly with homeownership, bank account ownership, and public housing assistance. We conclude by discussing policy implications of using asset-building programs to support people with disabilities
Asset (computer security · Baseline (sea · Demographic economics · Economics · Political science · Population · Socioeconomic status · Sociology · Demography · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics · Housing Market and Economics · Medicine · Psychology · Gerontology
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,38 |
| Citation span | 2018 - 2024 (7) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |