Skip to main content

Table 6 Effects on poverty and material well-being

From: Testing a conditional cash transfer program in the U.S.: the effects of the family rewards program in New York City

 

18-month survey

42-month survey

 

Control

 

Standard

Control

 

Standard

Outcome

Mean

Effect

Error

Mean

Effect

Error

A. Income and poverty

 Monthly income ($) (including rewards)

1573

366

50***

1620

353

49***

 Income below poverty (including rewards)

0.700

−0.111

0.021***

0.682

−0.122

0.021***

 Monthly income ($) (without rewards)

1573

85

49*

1620

79

48*

 Income below poverty (without rewards)

0.700

−0.024

0.020

0.682

−0.020

0.020

B. Material well-being

 Financial well-being (4 = min, 16 = max)

8.72

0.460 [.199]

0.102***

8.76

0.266 [.108]

0.111**

 Food security (1 = min, 4 = max)

3.21

0.159 [.184]

0.038***

3.29

0.123 [.144]

0.038***

C. Banking and savings

 Has bank account

0.518

0.215

0.020***

0.466

0.175

0.021***

 Reports any savings

0.163

0.094

0.018***

0.168

0.078

0.018***

 Savings amount ($)

354

221

90***

361

80

79

N

2060

1982

  1. Sources: Baseline survey and 18- and 42-month surveys
  2. Each estimate represents the coefficient on program status from a linear regression, controlling for baseline characteristics. Statistical significance is indicated as follows: *** = 1 %; ** = 5 %; * = 10 %. Effects measured in standard deviations (effect sizes) are presented in [brackets]
  3. Financial well-being is coded as the sum of responses to four questions about respondents’ current financial status, such as “My financial situation is better than it’s been in a long time” and “I worry about having enough money in the future.” Responses were coded such that a lower score indicates greater financial strain
  4. Food security describes food eaten by the family in the prior month: 1 = often not enough to eat: 2 = sometimes not enough to eat; 3 = enough to eat but not always the kinds of food desired; and 4 = enough to eat of the kinds of food desired