scholarly journals Family Self-Sufficiency Program Outcomes for Participants Enrolling During and After the Great Recession

Author(s):  
Anna Maria Santiago ◽  
Joffré Leroux

Utilizing administrative data from the Family Self-Sufficiency (FSS) Program operated by the Denver Housing Authority, four program outcomes, (a) savings and escrow growth, (b) credit and debt reduction, (c) employment and earnings, and (d) positive exits from subsidized housing, are examined to assess if any differences exist between participants ( n = 424) who enrolled during or after the Great Recession. Propensity score matching with replacement was employed to match FSS enrollees. Compared to post-Great Recession enrollees, results suggest that enrollees entering the program during the Great Recession were more likely to reduce their monthly contractual debt and derogatory debt, increase monthly earned income, and remain in the FSS Program longer. Findings suggest that attaining participant financial capability goals is possible during severe economic shocks and may provide vulnerable families with additional capacity to weather such shocks.

Author(s):  
Rachel E. Dunifon ◽  
Kathleen M. Ziol-Guest ◽  
Kimberly Kopko

U.S. children today have increasingly diverse living arrangements. In 2012, 10 percent of children lived with at least one grandparent; 8 percent lived in three-generational households, consisting of a parent and a grandparent; while 2 percent lived with a grandparent and no parent in the household. This article reviews the literature on grandparent coresidence and presents new research on children coresiding with grandparents in modern families. Findings suggest that grandparent coresidence is quite common and that its prevalence increased during the Great Recession. Additionally, these living arrangements are diverse themselves, varying by the marital status of the parent, the home in which the family lives, and the economic well-being of the family. Suggestions for future research are also proposed.


2017 ◽  
Vol 107 (4) ◽  
pp. 1313-1334 ◽  
Author(s):  
James Feyrer ◽  
Erin T. Mansur ◽  
Bruce Sacerdote

We track the geographic and temporal propagation of local economic shocks from new oil and gas production generated by hydrofracturing. Each million dollars of new production produces $80,000 in wage income and $132,000 in royalty and business income within a county. Within 100 miles, one million dollars of new production generates $257,000 in wages and $286,000 in royalty and business income. Roughly two-thirds of the wage income increase persists for two years. Assuming no general equilibrium effects, new extraction increased aggregate US employment by as many as 640,000, and decreased the unemployment rate by 0.43 during the Great Recession. (JEL D86, L14, L81, L82)


Author(s):  
Harold Wolman ◽  
Howard Wial ◽  
Travis St. Clair ◽  
Edward Hill

The chapter examines shocks to regional economies, the extent to which regions are resistant to these shocks, whether regions that are adversely affected by these shocks are resilient in the face of them and why. We begin by defining and operationalizing economic shocks and the various ways in which they might affect regional economies. The analytic part of the chapter is devoted to quantitative descriptions and analyses of regional economic shocks and their determinants, causes, and consequences during the period 1978 to 2007 and then, separately, in a period coinciding with the Great Recession and its recovery, from 2007 to 2014.


Author(s):  
Janice Berry-Edwards

Economic insecurity and family Well-Being is a growing concern for American society. With the dramatic changes that occurred following the “great recession” of 2008, and the lingering effects since, families have experienced stressors and multiple strains in their adjustment to the impact of the changing fiscal climate and their financial demands. To understand the experience of economic insecurity, an understanding of economic security is helpful in providing a context for how these two dynamics emanate and impact families and their Well-Being. This article provides a glimpse of how the fragility of the economy and the mental tax experienced by the family are inextricably interdependent and connected.


2014 ◽  
Vol 25 (3) ◽  
pp. 404-409 ◽  
Author(s):  
Aaron Reeves ◽  
Martin McKee ◽  
David Gunnell ◽  
Shu-Sen Chang ◽  
Sanjay Basu ◽  
...  

2019 ◽  
Vol 63 (14) ◽  
pp. 1841-1862 ◽  
Author(s):  
Una O. Osili ◽  
Chelsea J. Clark ◽  
Xiao Han

Before the Great Recession of 2008, a stable two-thirds of the U.S. population donated to charitable causes in any given year. However, the fraction of American donors has declined by 11% since the Great Recession. In this article, we investigate pre- and postrecession charitable giving between 2000 to 2014. By examining household dynamics including race and ethnicity, age, gender, and educational attainment, this article uncovers changes in giving behaviors and provides new insights into how the Great Recession of 2008 affected both giving rates and amounts. It also discusses the implications for civil society and the need to build resilience for responding to future economic shocks.


2019 ◽  
Vol 9 (16) ◽  
Author(s):  
Luis Fernández-Barutell

Substantial research has addressed the association between economic factors (e.g., employment rate) and perception of immigrants among the general public in the host societies. This study used the Transatlantic Trends Survey 2014 to examine whether the characterization of immigrants as social benefits seekers is related to one´s family financial situation being greatly affected by the Great Recession. We conducted a series of ordinal logistic regressions to compare three different geopolitical contexts, namely the United States, the Southern Europe region, and the triad France-Germany-United Kingdom. Our results confirmed that framing immigrants as social benefits seekers is indeed related to one´s family being greatly impacted by the Great Recession. Significantly, the direction of such association varies among contexts, as those greatly impacted by the crisis in Southern Europe showed lower odds of framing immigrants as social benefits seekers, while the opposite happening in both the United States and the triad France-Germany-United Kingdom. Recommendations for practice and research are discussed. 


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