Effects of a tax-time savings experiment on material and health care hardship among low-Income filers

Mathieu R. DESPARD; Samuel TAYLOR; Chunhui REN; Blair RUSSELL; Michal GRINSTEIN-WEISS; Ramesh RAGHAVAN

doi:10.1080/10875549.2017.1348431

Effects of a tax-time savings experiment on material and health care hardship among low-Income filers

Mathieu R. DESPARD^*, Samuel TAYLOR, Chunhui REN, Blair RUSSELL, Michal GRINSTEIN-WEISS, Ramesh RAGHAVAN

^*Corresponding author for this work

Research output: Journal Publications › Journal Article (refereed) › peer-review

6 Citations (Scopus)

Abstract

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, lower probability of both types of hardship 6 months after tax filing, compared to the control group. However, this result does not hold when incorporating household financial characteristics and prior hardship to models.

Original language	English
Pages (from-to)	156-178
Number of pages	23
Journal	Journal of Poverty
Volume	22
Issue number	2
Early online date	6 Sept 2017
DOIs	https://doi.org/10.1080/10875549.2017.1348431
Publication status	Published - 4 Mar 2018
Externally published	Yes

Bibliographical note

Publisher Copyright:
© 2017 Taylor & Francis Group, LLC.

Keywords

Behavioral economics
earned income tax credit
health care hardship
material hardship
savings

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10.1080/10875549.2017.1348431

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abstract = "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, lower probability of both types of hardship 6 months after tax filing, compared to the control group. However, this result does not hold when incorporating household financial characteristics and prior hardship to models.",

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AU - REN, Chunhui

AU - RUSSELL, Blair

AU - GRINSTEIN-WEISS, Michal

AU - RAGHAVAN, Ramesh

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Effects of a tax-time savings experiment on material and health care hardship among low-Income filers

Abstract

Bibliographical note

Keywords

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