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 […]

Policy & practice: How to build long-term financial wellness

We know that liquid assets provide a safety net for short-term financial well-being, but how can we transition from short-term financial stability to longer-term financial health? Researchers, Jeremy Burke, Stephen Roll and Emily Gallagher shared their findings on the mitigation effect of liquid assets during a financial shock, the leading factors that contribute to long-term […]

20% of Israelis: The corona is a conspiracy of governments and pharmaceutical companies (Links to an external site)

The Marker covered our latest findings that 20% of Israelis believe that COVID-19 is a conspiracy by governments and pharmaceutical companies. These findings are the latest results from the Socioeconomic Impacts of COVID-19 in Israel. Hebrew title: 20% מהישראלים: הקורונה היא קנוניה של ממשלות וחברות תרופות

Inclusive and equitable tech reskilling at LaunchCode in St. Louis (Links to an external site)

Recognizing the shortcomings of equitable hiring and reskilling in the tech sector, LaunchCode, a St. Louis-based technology training organization, implemented a new model for equitable re-skilling by combining computer science training with a paid apprenticeship and by altering its recruitment and retention efforts. SPI partnered with LaunchCode to evaluate the effectiveness of these efforts in […]

Internationally collaborative seed grant recipients: Where are they now?

Over the last two years, the Social Policy Institute and McDonnell International Scholars Academy at Washington University in St. Louis have partnered in sponsoring internationally collaborative research. The first projects, funded at the beginning of 2020, explored social policy globally to understand systemic challenges within and between nations. However, as with everything in 2020, the […]

Why are Israeli parents of 12-15-year-olds hesitant to vaccinate their children?

By Yaniv Shlomo, Senior Fellow; Oren Heller, Postdoctoral Research Associate; Daniel Yeshua, Program Manager; and Michal Grinstein-Weiss, Director Download a PDF to read this text in Hebrew: מדוע הורים לבני 12 עד 15 מהססים לחסן את ילדיהם? While most Israeli adults are vaccinated, 62% of parents are hesitant to vaccinate their 12-15-year-old children. The findings […]

Inclusive growth feature: Building an inclusive workforce in St. Louis

This inclusive growth feature is one of a multi-part feature on how to support inclusive growth in St. Louis by our advisory committee for the Inclusive Growth in St. Louis Event Series. In my hometown of St. Louis, inclusive growth means that everyone in our community has access to education and training to obtain well-paying […]

Celebrating the Graduate Policy Scholars 2021 Cohort

The Graduate Policy Scholars program provides students from all fields of study with impactful opportunities and training in policy. Offered by the Clark-Fox Policy Institute in partnership with the Social Policy Institute, the yearlong program provides students with opportunities to develop skills in advocacy, analysis and/or organizing. During the program, students receive guidance and mentorship […]

Inclusive Growth Feature: Impacting policy through collaboration

Jackie Hutchinson, director of advocacy at the Consumers Council of Missouri, sat down with the Social Policy Institute to discuss her career in advocating for equity and inclusive growth. Throughout her career she’s found her greatest impact through policy action and collaboration. This inclusive growth feature is one of a multi-part feature on how to […]

The Impact of State Earned Income Tax Credit Increases on Material and Medical Hardship

The federal Earned Income Tax Credit (EITC) provides substantial financial assistance to low- and moderate-income workers and has been shown to reduce poverty and encourage employment. Many U.S. states have also implemented their own EITCs to supplement the federal tax credits. Leveraging unique administrative and survey data and employing a difference-in-differences approach, this study investigates […]

Israel’s next president has long-standing relationship with the Social Policy Institute at Washington University

With Isaac Herzog set to become Israel’s 11th president later this summer, the Social Policy Institute (SPI) reflects on its long-standing partnership with the future president. SPI director, Michal Grinstein-Weiss, began working with President-elect Herzog in 2010 to generate national support to create the first universal child development account program (CDA) in the world. Grinstein-Weiss, […]

Inclusive Growth Feature: Intersection of health, wealth and inclusive growth

How can we build inclusive and healthy communities in St. Louis? Kristy Klein Davis, Chief Strategy Officer of the Missouri Foundation for Health, sat down with the Social Policy Institute to discuss the intersection of health and inclusive growth. This inclusive growth feature is one of a multi-part feature on how to support inclusive growth […]

Material hardship among lower-income households: The role of liquid assets and place

Lower-income households are at risk for material hardship, particularly amidst the economic fallout of COVID-19. Where one lives (e.g., suburb, small town) may affect this risk due to variable access to resources, yet the evidence is mixed concerning the influence of place. We used a pooled, national cross-sectional sample of 66,046 lower-income tax filers to […]

Investing in Inclusive Neighborhoods

Join us virtually for Investing in Inclusive Neighborhoods, 12:30-2:00 p.m. (CT) on July 14 and 15, to explore strategies for community driven, place-based investments that support equitable housing valuations and small/minority-owned business growth that leads to long-term wealth.

SPI researchers win awards for paper at ACCI Conference & VentureCafe STL Fellowship

Stephen Roll and Mathieu Despard, researchers at SPI, recently received the CFP© Board’s ACCI Financial Planning Paper Award for their paper on income loss and financial distress during the COVID-19 pandemic. The award is given to a well-written paper that focuses on important financial planning issues which can be used by consumers, financial planning professionals, and policymakers […]

Assessing the Short-Term Stability of Financial Well-Being in Low- and Moderate-Income Households

Much of the literature on household finance tends to focus on relatively objective measures of financial security (e.g., savings, income, financial knowledge), and there has been less research on measures of subjective financial well-being. This gap is due in part to the absence of a common understanding on defining and measuring subjective financial well-being. The Consumer Financial Protection Bureau […]

How do Americans say they will use direct cash transfers? The answer depends on the frequency and the amount of the payment

From discussions of universal basic income in the 2020 presidential debates to repeated stimulus checks during the COVID-19 pandemic, government cash transfers have received a lot of attention recently. When considering a cash transfer program, policymakers usually have an objective in mind, such as reducing economic inequality, improving households’ ability to meet basic needs, or […]

Can Workplace Financial Counseling Help Lower-Income Workers Improve Credit Outcomes?

Financial counseling has been found to be effective in improving consumers’ credit outcomes and could be expanded through the workplace to reach lower-income workers who struggle with various financial challenges. We examine engagement and credit outcomes associated with a workplace financial counseling program offered to 2,849 frontline workers in New York City. Age and credit […]

Building an effective employee financial wellness program [5 Key Insights]

Anyone who does a “happy dance” on payday knows how much employers affect our financial lives. Most of us depend on employment to make ends meet and pursue our long-term goals. That’s why through the Workforce Financial Stability Initiative, we’ve been studying employee financial wellness programs (EFWPs) since 2017. Our motivation was simple: with growing […]

COVID-19 pandemic caused ‘mental crisis’ among Israeli youth (Links to an external site)

The Jerusalem Post discusses SPI research finding that Israeli children are experiencing a “mental crisis.” The report, based on a study conducted by Michal Grinstein-Weiss, director of SPI, and Interdisciplinary Center Herzliya together with Prof. Rami Benvenisti of Hebrew University, showed that one in five children – 21% and three times more than before the coronavirus crisis – are suffering from symptoms of anxiety.

How Can a Data-Informed Social Sector Amplify Impact in St. Louis?

This event is hosted by the Social Policy Institute at Washington University in St. Louis in partnership with the St. Louis Regional Data Alliance and data.org, with support from the Mastercard Center for Inclusive Growth.  Data is a powerful tool for increasing impact with unique opportunities and needs for the social sector. How can St. […]

Inclusive Growth Feature: Jorge Riopedre on Why Inclusive Growth Matters

Author: Jorge Riopedre, executive director of Delmar Divine and advisor of Inclusive Growth in St. Louis event series. St. Louis has historically been segregated, with people of color living in areas that were purposely removed from economic opportunities. In my work at Delmar Divine, I can see firsthand why inclusive growth matters. The disregard for […]

SPI & McDonnell Academy award new round of seed grants to address Covid-19-related challenges

For a second year, the Social Policy Institute and the McDonnell International Scholars Academy at Washington University in St. Louis partnered to provide joint seed grants to advance international policy-relevant research. Three new projects were selected to receive seed funding of up to $30,000 each. The recipients include researchers from both Washington University and McDonnell […]

The Process of “Pushing Out”: Accumulated Disadvantage across School Punishment and Math Achievement Trajectories

Students drop out of school for a variety of reasons, yet are “pushed out” when they exhibit traits that are deemed undesirable to school officials, such as misbehavior and academic failure. While much of the previous research on pushouts views the phenomenon as a discrete occurrence often attributed to either misbehavior or academic failure, we […]

Fintech as a Solution for Employee Financial Health: Findings from Five Exploratory Studies

The financial technology (fintech) sector has grown rapidly in recent years. Awareness and use of fintech has grown as companies in this sector have increased their user-friendly design, convenience, and accessibility. A unique fintech niche that has developed rapidly alongside the overall industry is known as “employer-channel fintech.” Offered by employers, these solutions or benefits […]