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Do Tax-Time Savings Deposits Reduce Hardship Among Low-Income Filers? A Propensity Score Analysis

A lack of emergency savings renders low-income households vulnerable to material hardships resulting from unexpected expenses or loss of income. Having emergency savings helps these households respond to unexpected events, maintain consumption, and avoid high-cost credit products. Because many...

Topic: Asset building and saving, Financial behaviour/decisions, Tax filing and benefits
Author: Blair Russell, Clinton Key, Mathieu Despard, Michal Grinstein-Weiss, Ramesh Raghavan, Shenyang Guo
Publisher: Journal of the Society for Social Work and Research
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