Revealing Barriers to Cyber-Protection Among Small and Medium Businesses
Introduction Small and medium businesses (SMBs) contribute significantly to the global economy. According to the World Bank, SMBs represent 90% of businesses and more than 50% of employment worldwide. In addition, SMB ownership helps facilitate upward social mobility by building wealth and assets. However, even though the financial gain of owning a business is high, […]
“It helped us more than I could have imagined”: How the 2021 Expanded Child Tax Credit Supported Families Raising Children with Disabilities
Summary The 2021 expanded Child Tax Credit (CTC) provided temporary enhancements to the existing CTC for the tax years 2021 and 2022. Under the expanded credit, families with children under the age of 18 were eligible to receive a credit of up to $3,000 per child ($3,600 for children under the age of 6). In […]
The impacts of the 2021 expanded Child Tax Credit on family employment, nutrition, and financial well-being
The 2021 temporary expansion of the child tax credit (CTC) was unprecedented in its reach, lifting 3.7 million children out of poverty as of December 2021. It provided families with up to $3,600 for every child in the household under the age of six and up to $3,000 for every child between the ages of […]
Expanded Child Tax Credit payments have not reduced employment
Approximately 60 million American children living in 35 million households received monthly payments from the federal government as part of the temporary Child Tax Credit (CTC) expansion. Discourse over whether or not the expanded CTC caused parents to leave the workforce emerged during the period of the expanded credit. On one side, a large number […]
Policy & Practice Strategies for Inclusive Growth in St. Louis
A 6-part event series, Inclusive Growth in St. Louis investigated who is left out of St. Louis’ economic growth benefits, the policies that have led to the unequal distribution of opportunities, and actionable recommendations to become a more inclusive economy. This report summarizes those discussions and recommendations.
Employment, Financial and Well-being Effects of the 2021 Expanded Child Tax Credit: Wave 1 Executive Summary
The 2021 temporary expansion of the Child Tax Credit (CTC) is unprecedented in its reach and is predicted to cut American child poverty by more than half. The expanded CTC provides families with $3,600 for every child in the household under the age of six and $3,000 for every child between the ages of six […]
State-by-state: How are families in the U.S. using their Child Tax Credit payments?
The temporary expansion of the Child Tax Credit (CTC) is projected to cut American child poverty by more than half. The CTC expansion provides families with $3,600 for every child in the household under the age of six and $3,000 for every child between the ages of six and 17. The vast majority of U.S. […]
How are families in the U.S. using their Child Tax Credit payments? A 50 state analysis
The temporary expansion of the Child Tax Credit (CTC) is projected to cut American child poverty by more than half. The CTC expansion provides families with $3,600 for every child in the household under the age of six and $3,000 for every child between the ages of six and 17. The vast majority of U.S. […]
Timely and Well-Targeted Financial Assistance during Covid-19
The Social Policy Institute (SPI) at Washington University in St. Louis partnered with PerkUp Financial Health LLC, a financial services technology company, to study an emergency financial assistance program offered to employees of three hotels in New Orleans, LA who have been affected by the COVID-19 pandemic. PerkUp serves as a technology hub for a […]
Data for Social Impact: Roundtable Discussion Summary Report
To inform the Data Science for Social Impact initiative, SPI hosted a series of public roundtable discussions in partnership with the Mastercard Center for Inclusive Growth, data.org, and the St. Louis Regional Data Alliance in 2021. This report documents the information gathered at the first two discussions.