Publication Date



This study examines the association between asset ownership and Food Stamp Program participation among eligible households using a sample from a longitudinal national survey. This study employs two approaches: A multinomial model on the level of program participation and an event history analysis on the duration of eligible nonparticipation spells. Analysis results show that home, vehicle, and bank account ownership are negatively related to program participation, suggesting that asset ownership may reduce low-income households’ chances of receiving food assistance. It is recommended that program administrators liberalize asset eligibility rules and simplify procedures to facilitate program participation among low-income asset owners.

Document Type

Working Paper


Financial Inclusion


Asset Building


Subsequent publication: Huang, J., Nam, Y., & Wikoff, N. (2012). Household assets and Food Stamp Program participation among eligible low-income households. Journal of Poverty, 16(2), 171–193. doi:10.1080/10875549.2012.667060

Original Citation

Huang, J., Nam, Y., & Wikoff, N. (2010). Household assets and food stamp program participation among eligible low-income households (CSD Working Paper No. 10-28). St. Louis, MO: Washington University, Center for Social Development.


Welfare Reform, Asset-Limit Policy, and Asset Accumulation


homeownership, assets, longitudinal experiment, asset holding, asset ownership, food security, Survey of Income and Program Participation (SIPP), Food Stamp Program