Individual development accounts and asset-building policy: Lessons and directions

  • Michael Sherraden

    Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

    Abstract

    This chapter addresses individual development accounts (IDAs), which feature matched savings for the poor as a strategy for building assets. A large, multi-method, and continuing research project known as the American Dream Demonstration (ADD) provides the empirical foundation for the discussion. Several research methods and key results from ADD and other studies are summarized and discussed. Evidence is considered in light of current and potential policy, and future research directions are suggested.

    Original languageEnglish
    Title of host publicationInsufficient Funds
    Subtitle of host publicationSavings, Assets, Credit, and Banking Among Low-Income Households
    PublisherRussell Sage Foundation
    Pages191-217
    Number of pages27
    ISBN (Print)9780871540782
    StatePublished - 2009

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