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Connecting Saving and Food Security: Evidence from an Asset‐Building Program for Families in Poverty
Author(s) -
Loibl Cäzilia,
Snyder Anastasia,
Mountain Travis
Publication year - 2016
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/joca.12137
Subject(s) - food insecurity , food security , poverty , odds , supplemental nutrition assistance program , asset (computer security) , economic growth , population , psychology , environmental health , demographic economics , business , economics , logistic regression , medicine , geography , agriculture , computer security , archaeology , computer science
This study examines food insecurity among children of participants in a federally funded savings program in the United States, the Individual Development Account ( IDA ) program. We measure child food insecurity of savings program families by using the eight questions of the Current Population Survey's Food Security Supplement. About 39.4% of savings program families report food insecurity. No differences in children's food hardship between current and past program participants were identified. Examining predictors, propensity to plan for money tend to be associated with higher odds of children's food insecurity. By contrast, frugal behavior, lower material deprivation, and higher subjective well‐being tend to reduce the odds of children's food insecurity. Findings also confirm previous literature on the association of alternative financial services and higher food insecurity among children.