Effects of a Tax-Time Savings Experiment on Material and Health Care Hardship among Low-Income Filers.

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Title: Effects of a Tax-Time Savings Experiment on Material and Health Care Hardship among Low-Income Filers.
Authors: Despard, Mathieu R.1 mdespard@umich.edu, Taylor, Samuel2, Ren, Chunhui3, Russell, Blair4, Grinstein-Weiss, Michal5, Raghavan, Ramesh6
Source: Journal of Poverty. Mar-Apr2018, Vol. 22 Issue 2, p156-178. 23p.
Subject Terms: Medical care, Hardship, Tax credits, Income tax, Behavioral economics
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. [ABSTRACT FROM AUTHOR]
Copyright of Journal of Poverty is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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  Data: Effects of a Tax-Time Savings Experiment on Material and Health Care Hardship among Low-Income Filers.
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+Poverty%22">Journal of Poverty</searchLink>. Mar-Apr2018, Vol. 22 Issue 2, p156-178. 23p.
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  Data: <searchLink fieldCode="DE" term="%22Medical+care%22">Medical care</searchLink><br /><searchLink fieldCode="DE" term="%22Hardship%22">Hardship</searchLink><br /><searchLink fieldCode="DE" term="%22Tax+credits%22">Tax credits</searchLink><br /><searchLink fieldCode="DE" term="%22Income+tax%22">Income tax</searchLink><br /><searchLink fieldCode="DE" term="%22Behavioral+economics%22">Behavioral economics</searchLink>
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  Data: 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. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
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  Data: <i>Copyright of Journal of Poverty is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Value: 10.1080/10875549.2017.1348431
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        Text: English
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        Type: general
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      – SubjectFull: Tax credits
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              Text: Mar-Apr2018
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