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Do Child Development Accounts Promote Account Holding, Saving, and Asset Accumulation for Children's Future? Evidence from a Statewide Randomized Experiment

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  • Yunju Nam
  • Youngmi Kim
  • Margaret Clancy
  • Robert Zager
  • Michael Sherraden

Abstract

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Suggested Citation

  • Yunju Nam & Youngmi Kim & Margaret Clancy & Robert Zager & Michael Sherraden, 2013. "Do Child Development Accounts Promote Account Holding, Saving, and Asset Accumulation for Children's Future? Evidence from a Statewide Randomized Experiment," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 32(1), pages 6-33, January.
    • Handle: RePEc:wly:jpamgt:v:32:y:2013:i:1:p:6-33
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    Citations

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    Cited by:

    1. Julie Birkenmaier & Brandy Maynard & Youngmi Kim, 2022. "Interventions designed to improve financial capability: A systematic review," Campbell Systematic Reviews, John Wiley & Sons, vol. 18(1), March.
    2. Jin Huang & Yunju Nam & Michael Sherraden & Margaret Clancy, 2015. "Financial Capability and Asset Accumulation for Children's Education: Evidence from an Experiment of Child Development Accounts," Journal of Consumer Affairs, Wiley Blackwell, vol. 49(1), pages 127-155, March.
    3. Haotian Zheng & Elizabeth Harris & William Elliott & Megan O’Brien, 2023. "The Role of Children’s Savings Accounts in Promoting Savings for College Among Welfare Recipients: The Case of Harold Alfond College Challenge (HACC)," Journal of Family and Economic Issues, Springer, vol. 44(2), pages 285-296, June.
    4. Nam, Yunju, 2021. "Parents’ financial assistance for college and black-white wealth disparity," Children and Youth Services Review, Elsevier, vol. 128(C).
    5. Beverly, Sondra G. & Kim, Youngmi & Sherraden, Michael & Nam, Yunju & Clancy, Margaret, 2015. "Can Child Development Accounts be inclusive? Early evidence from a statewide experiment," Children and Youth Services Review, Elsevier, vol. 53(C), pages 92-104.
    6. Kim, Youngmi & Huang, Jin & Sherraden, Michael & Clancy, Margaret, 2017. "Child Development Accounts, parental savings, and parental educational expectations: A path model," Children and Youth Services Review, Elsevier, vol. 79(C), pages 20-28.
    7. Melinda Lewis & Megan O'Brien & Amanda Jones‐Layman & Elizabeth A. O'Neill & William Elliott, 2017. "Saving and Educational Asset Building Within a Community‐Driven CSA Program: The Case of Promise Indiana," Poverty & Public Policy, John Wiley & Sons, vol. 9(2), pages 188-208, June.
    8. Yunju Nam & Elizabeth Hole & Michael Sherraden & Margaret M. Clancy, 2018. "Program Knowledge and Racial Disparities in Savings Outcomes in a Child Development Account Experiment," Journal of Family and Economic Issues, Springer, vol. 39(1), pages 145-162, March.
    9. Yilan Xu, 2017. "Mandatory savings, credit access and home ownership: The case of the housing provident fund," Urban Studies, Urban Studies Journal Limited, vol. 54(15), pages 3446-3463, November.
    10. Terri Friedline & Ilsung Nam, 2014. "Savings From Ages 16 to 35: A Test to Inform Child Development Account Policy," Poverty & Public Policy, John Wiley & Sons, vol. 6(1), pages 46-70, March.
    11. Youngmi Kim & Jin Huang & Michael Sherraden, 2014. "What Shapes Assessment of Ability to Pay for Children's College Education?," Journal of Consumer Affairs, Wiley Blackwell, vol. 48(3), pages 486-514, October.
    12. Roll, Stephen & Grinstein-Weiss, Michal & Gallagher, Emily & Cryder, Cynthia, 2020. "Can pre-commitment increase savings deposits? Evidence from a tax-time field experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 357-380.
    13. Fang, Shu & Huang, Jin & Curley, Jami & Birkenmaier, Julie, 2018. "Family assets, parental expectations, and children educational performance: An empirical examination from China," Children and Youth Services Review, Elsevier, vol. 87(C), pages 60-68.
    14. Terri Friedline & Mary Rauktis, 2014. "Young People Are the Front Lines of Financial Inclusion: A Review of 45 Years of Research," Journal of Consumer Affairs, Wiley Blackwell, vol. 48(3), pages 535-602, October.
    15. Huang, Jin & Sherraden, Michael & Purnell, Jason Q., 2014. "Impacts of Child Development Accounts on maternal depressive symptoms: Evidence from a randomized statewide policy experiment," Social Science & Medicine, Elsevier, vol. 112(C), pages 30-38.
    16. Mathieu R. Despard & Terri Friedline & Stacia Martin-West, 2020. "Why Do Households Lack Emergency Savings? The Role of Financial Capability," Journal of Family and Economic Issues, Springer, vol. 41(3), pages 542-557, September.
    17. Terri Friedline & Stacia West, 2016. "Financial Education is not Enough: Millennials May Need Financial Capability to Demonstrate Healthier Financial Behaviors," Journal of Family and Economic Issues, Springer, vol. 37(4), pages 649-671, December.

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