123,708 research outputs found
EXPLAINING THE FOOD STAMP CASH-OUT PUZZLE
No full textEmpirical studies have shown that food stamp participants spend a higher proportion of their benefit on food than they would with an equivalent amount of cash. Our study demonstrates that this result can be explained by the decision-making behavior of multi-adult households. Multi-adult households spend a higher proportion of their food stamp benefit than they would with an equivalent amount of cash. In contrast, single-adult households show little difference in food spending between food stamps and an equivalent amount of cash. Because over 30 percent of food stamp participants are in multi-adult households, switching from food stamps to cash may reduce food purchases of these needy households. If that is indeed the case, the use of food stamps and other in-kind benefits may be more desirable than other forms of assistance.Food Stamp Program, cash transfers, cash-out puzzle, welfare stigma, Cournot model, intra-household distribution, Engel curves, Food Consumption/Nutrition/Food Safety, Food Security and Poverty,
ANALYSIS OF FOOD STAMP PROGRAM PARTICIPATION AND FOOD EXPENDITURES
No full textA two equation model is developed to examine jointly the determinants of household food stamp program participation and program effects on food expenditures. The model is unique in that it postulates that the participation decision is based on a cost-benefit ratio, selected socioeconomic characteristics, and the potential for increasing both food and nonfood expenditures. Data from the 1977-78 USDA Nationwide Food Consumption Survey Supplemental Low Income Sample is used to estimate the model. Findings suggest that households, in making the participation decision place equal value on the potential for increasing their food and nonfood expenditures. However, at the margin, bonus stamp income is found to have more than twice the impact of money income on food expenditures. The model's potential for policy analysis is also examined.Food Consumption/Nutrition/Food Safety,
Did recent medicaid reforms cause the caseload explosion in the food stamp program?
No full textI examine whether changes in Medicaid eligibility for young children can help explain the caseload growth in the Food Stamp program between 1987 and 1995. Medicaid may increase food stamp participation through increased awareness about other welfare benefits. It could also reduce earnings through perverse labor supply incentives, thereby increasing food stamp participation. The Medicaid expansions enacted during the 1980s offer a unique opportunity to examine empirically Medicaid's interaction with the Food Stamp program because they conditioned eligibility on the age of the child. Households with ineligible children (based on the child's age) serve as a control group to isolate Medicaid's effect. They help to eliminate many other plausible explanations for the rise in food stamp participation, including economic fluctuations at the state and national levels. I use the Survey of Income and Program Participation (SIPP) to tackle this question. It shows evidence that expanding Medicaid eligibility increased food stamp participation. The effect is quite modest, however. The expansions explain less than 10 percent of the growth in food stamps, substantially smaller than previous estimates. Moreover, its effect on food stamp participation comes entirely through increased program awareness, rather than from any change in labor supply.
THE FOOD STAMP BENEFIT FORMULA: IMPLICATIONS FOR EMPIRICAL RESEARCH ON FOOD DEMAND
No full textTo understand how food stamps affect food spending, nonexperimental research typically requires some source of independent variation in food stamp benefits. Three promising sources are examined: (a) variation in household size, (b) variation in deductions from gross income, and (c) receipt of minimum or maximum food stamp benefits. Based on results of a linear regression model with nationally representative data, 90% of the total variation in food stamp benefits is explained by gross cash income, and household size variables alone. This finding raises concern about popular regression approaches to studying the Food Stamp Program.Demand and Price Analysis,
ARE FRUIT AND VEGETABLE STAMP POLICIES COST-EFFECTIVE?
No full textIn many countries, consumption of fruits and vegetables (F&V) is below recommended levels. We quantify the economic and health effects of F&V stamp policy designed for low income consumers. The analysis combined two models: an economic model which predicts how F&V consumption is affected by a change in policy and a health model which evaluates the impact of a change in F&V consumption in terms of death avoided (DA) and life-years saved (LYS). Finally we computed the costs per DA and LYS as the ratio between the taxpayer cost of the policy and the number of DA and LYS. The main findings of the present study are: (1) F&V stamp policy has a positive and significant impact on the consumption of small F&V consumers of the targeted population, (2) at the aggregate level, this policy has a modest impact on consumption and as a result on health gains, (3) for a given budget allocated to the policy, the cost per DA or LYS decreases when the targeting is smaller, at least as long as consumption remains in plausible values, (4) the policy reduces the health inequalities between low and high income populations, (5) when well designed, F&V stamp policy is as cost-effective as price policy (about 42 k€/LYS).Cost-effectiveness analysis, Fruits and Vegetables, Health Impact Assessment, Health Policy, Agricultural and Food Policy, Consumer/Household Economics, Demand and Price Analysis, Food Consumption/Nutrition/Food Safety, Food Security and Poverty, Health Economics and Policy, D61, I18, Q18,
A Monthly Cycle in Food Expenditure and Intake by Participants in the U.S. Food Stamp Program
No full textThis paper uses nationally representative data to describe monthly cycles in food expenditure and food intake by food stamp recipients. Food expenditure peaks sharply in the first 3 days after food stamps are received. The corresponding cycle in food intake differs for various categories of food stamp recipients. Food stamp recipients who also receive AFDC appear to maintain steady food intake across the whole month, while AFDC nonrecipients experience a significant drop in intake at the end of the month. Children appear to maintain steady food intake, while adults appear to experience a significant drop. Households that conduct major grocery shopping trips more frequently than once per month maintain steady food intake, while households that shop less frequently experience a significant drop. The food stamp cycle has implications for two areas of research: the measurement of hunger and food insecurity in the United States and the measurement of the impact of the U.S. Food Stamp Program. Intramonthly patterns in food expenditure and food intake have potential implications for policy decisions about the frequency of food stamp benefit delivery, the evaluation of new electronic benefit transfer systems that are replacing traditional food stamp coupons, and nutrition education efforts.
Stamp duty on shares and its effect on share prices
No full textThis paper provides a discussion of stamp duty and its effects. This is followed by an empirical
study using changes in the rate of stamp duty in the UK as natural experiments. Because shares
will be affected differently depending on how frequently they are traded, we can employ a
difference-in-differences methodology. We find that the announcements of cuts in stamp duty
had a significant and positive effect on the price of more frequently traded shares compared to
other shares. As expected under the efficient markets hypothesis, the implementation of cuts
(when at a different date from the announcement) did not affect returns differentially
The Effects of the Food Stamp Program on Energy Balance and Obesity
No full textThe Effects of the Food Stamp Program on Energy Balance and ObesityFood Stamp Program (FSP), Supplemental Nutrition Assistance Program (SNAP), obesity, body mass index (BMI), nutrition assistance, Food Consumption/Nutrition/Food Safety, Q18, H53, I12, I18, I38,
ECONOMIC INCENTIVES FOR DIETARY IMPROVEMENT AMONG FOOD STAMP RECIPIENTS
No full textMost Americans need to consume more fruits, vegetables, and dairy products. This need is particularly acute among low-income individuals. The objective of this study is to examine the cost effectiveness of two economic policies that use alternative policy levers available within the Supplemental Nutrition Assistance Program (formerly Food Stamp Program) to increase consumption of these under-consumed foods. Data from three nationally representative surveys are used to estimate demand elasticities, marginal propensity to spend on food out of food stamp benefits, and consumption amount of and spending on under-consumed foods among food stamp recipients. Results of the analyses suggest that a 10% price subsidy would curtail consumption deficiencies by 4–7% at an estimated cost of 734 million is used to finance food stamp benefits, consumption deficiencies are predicted to narrow by only 0.35 to 0.40%.CEX, SNAP, Price subsidy, NHANES, NFSPS, Vegetables, Milk, Fruits, Food stamps, Consumer/Household Economics, Demand and Price Analysis, Food Consumption/Nutrition/Food Safety, Health Economics and Policy, C34, D12, Q18,
Stamp duty on shares and its effect on share prices
No full textThis paper provides a discussion of stamp duty and its effects. This is followed by an empirical study using changes in the rate of stamp duty in the UK as natural experiments. Because shares will be affected differently depending on how frequently they are traded, we can employ a difference-in-differences methodology. We find that the announcements of cuts in stamp duty had a significant and positive effect on the price of more frequently traded shares compared to other shares. As expected under the efficient markets hypothesis, the implementation of cuts (when at a different date from the announcement) did not affect returns differentially.Stamp duty, transaction tax, Tobin-tax, natural experiment, tax reform
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