Publication Date

7-1-2004

Summary

Low-income participants experience greater positive financial, psychological, and cognitive outcomes of saving in IDAs than controls. The study contributes to knowledge about poverty alleviation, capacity-building, and empowerment.

Document Type

Working Paper

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Sherraden, M. S., Williams Shanks, T., McBride, A. M., & Ssewamala, F. M. (2004). Overcoming poverty: Supported saving as a household development strategy (CSD Working Paper No. 04-13). St. Louis, MO: Washington University, Center for Social Development.

Project

American Dream Policy Demonstration (ADD)

Keywords

ADD, American Dream Demonstration, empowerment, IDA, individual development account, saving, household development, anti-poverty, institutional support

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