Publication Date

7-1-2003

Summary

In the United States, Individual Development Accounts (IDAs) are a social development strategy for increasing economic participation and long-term economic security. This article uses cross-sectional survey data (N=298) to describe perceived IDA effects: psychological, economic, social, and civic. Future research can inform the effects of specific program characteristics, such as financial education, as well as the applicability of IDAs worldwide.

Document Type

Working Paper

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

McBride, A. M., Lombe, M., & Beverly, S. G. (2003). The effects of Individual Development Account programs: Perceptions of participants (CSD Working Paper No. 03-06). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K72N51TG

Project

American Dream Policy Demonstration (ADD)

Keywords

IDA, individual development account, participant survey, ADD, American Dream Demonstration

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