Financial Shocks and Financial Well-Being: What Builds Resiliency in Lower-Income Households?

Households in the U.S. regularly experience unexpected negative income or expense shocks, and low- and moderate-income households experience these shocks at disproportionately high rates. Relatively little is known about the impact these shocks have on households’ subjective sense of financial well-being, and how access to different types of liquidity (e.g., liquid assets, credit cards, social […]

Did government benefits help Israeli households avoid hardship during COVID-19? Evidence from a national survey

At the outset of the COVID-19 pandemic, the government of Israel quickly introduced aggressive social distancing measures to curb the virus spread and adapted its unemployment insurance program in response to rising unemployment rates. This study examines the relationship between household income and the experience of material hardship during the COVID-19 pandemic in Israel and […]

15 Actionable Strategies to Embrace Inclusive Leadership

Speakers at the Inclusive Growth in St. Louis event series on Sept. 23 identified 15 strategies to proactively support and amplify diverse voices and perspectives as discussed by the speakers at the event.

Promoting Childhood Vaccination During the COVID-19 Pandemic

As schools start back up, many parents are concerned about the health effects of COVID-19 in children. However, childhood diseases beyond COVID-19 are still threats to children’s well-being. In the early stages of the pandemic, there was a large decrease in childhood vaccination rates for diseases such as diphtheria, pertussis, measles and mumps.

Apply to become a Graduate Policy Scholar!

Applications for the Graduate Policy Scholar program are now open to all graduate students at Washington University in St. Louis! The Graduate Policy Scholar program provides students from all fields of study with impactful opportunities and training in policy. Offered by the Social Policy Institute and the Clark-Fox Policy Institute, the yearlong program provides students […]

Use of Public Benefits Over the First Year of Pandemic

In response to the economic crisis caused by the COVID-19 pandemic, the U.S. federal government enacted initiatives designed to help households weather the pandemic’s effects. These initiatives included expansions of existing programs, such as unemployment insurance, as well as new programs like the economic impact payments. In this brief, we investigate the extent to which […]

Impact of COVID-19 on Households with Children

The COVID-19 pandemic caused major disruptions in employment, child care and education. As a result, both parents and children experienced a variety of hardships in their work and education. While these hardships had reverberating effects throughout households, they were not equally distributed across families with children. In this brief, we explore the effects of COVID-19 […]

Employment Changes During COVID-19

Early in the COVID-19 pandemic, U.S. unemployment peaked at 14.4%. While some workers have returned to payrolls, others have been left behind. This brief examines the nuances of employment changes over the course of the pandemic and the impact of those changes on household financial well-being. Our study finds that the proportion of employees who […]

Housing Hardships During COVID-19

Even prior to the COVID-19 pandemic, U.S. households were burdened by the cost of rental and mortgage payments, burdens which disproportionately fell on Black and Hispanic families. Using a 5-wave survey, we examined whether disparities in housing cost burden continued throughout the pandemic and trends in how households fell behind on rent and mortgage payments. […]

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. […]

New longitudinal Socioeconomic Impacts of COVID-19 Survey calls for sustained public benefit support

The Social Policy Institute at Washington University in St. Louis (SPI) released new findings on the impact of COVID-19 on housing hardship, the importance of employment and associated benefits, such as the Payment Protection Program, family hardships, and efficiency of public benefits designed to support households in need, such as SNAP, TANF, and unemployment insurance benefits.

Embracing Inclusive Leadership

Join us at 12:30 p.m. CT on Thursday, Sept. 23 for an event discussing strategies to create inclusive leadership.

The Socioeconomic Impacts of COVID-19 Study: Survey Methodology Report

When COVID-19 was declared a pandemic, and economic shutdowns began in March 2020, households across the United States were faced with an unprecedented crisis that would affect their health, financial security and overall well-being for an unforeseeable amount of time. In order to examine and track the wide-ranging impacts of the pandemic on households, as […]

Pinching pennies or money to burn? The role of grit in financial behaviors

We explore whether gritty individuals are better savers by virtue of their wealth or due to diligent choices that benefit their long-term economic health. We test these competing hypotheses by examining the ways in which grit influences how LMI tax filers report spending or saving their tax refund in the months following tax filing. We […]