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Working Paper
Financial Repercussions of SNAP Work Requirements
This paper considers the credit response of individuals after the implementation of new work requirements for Supplemental Nutrition Assistance (SNAP) benefits using a large nationally representative sample of credit records. It does so by exploiting county-level variation in the implementation of work requirements after the Great Recession in a difference-in-differences design. We find that the implementation of new SNAP work requirements leads more people to seek out new credit and leads to an increase in credit account openings. New work requirements also result in an increase in total ...
Discussion Paper
Households Confront the End of Pandemic-Era Assistance Programs
The U.S. government, beginning in March 2020, took extraordinary measures in response to the emergence and spread of the novel coronavirus. Through policy changes and major spending bills, the federal government directed funds to help states, localities, and households manage the economic challenges caused by the pandemic. Two of the many measures that the government took to directly aid households were increasing the flexibility and benefits of the Supplemental Nutrition Assistance Program (SNAP) and pausing federal student loan payments. Now that enhanced SNAP benefits have ended and ...