Michael Sherraden

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This paper examines the relationship between income and saving performance in Individual Development Accounts (IDAs). We first discuss theories of saving. Next, for IDA participants in the American Dream Demonstration, we look at income sources and distribution, followed by tabulations of income and IDA savings outcomes. Following this, we discuss results(More)
This study examines whether participation in Individual Development Accounts (IDAs) leads to a significant growth in assets beyond saving in the IDA accounts. Using a longitudinal experimental research design for low-income IDA participants, we test for impacts on five measures of assets: liquid assets, other financial assets, total financial assets, real(More)
Recently the Center for Social Development (CSD) published a cost analysis of an individual development account (IDA) program. This study, conducted by Mark Schreiner (2000a), documents the costs associated with the start-up period of an IDA program at the Community Action Program of Tulsa County (CAPTC) in Oklahoma. The CAPTC IDA program is also the site(More)
Acknowledgments We thank the private foundations that fund the American Dream Demonstration (ADD): provided useful comments on a draft. Robert Friedman, founder and chair of the Corporation for Enterprise Development (CFED), conceived and produced ADD. Brian Grossman, René Bryce-Laporte, and other CFED staff have also supported the evaluation of ADD. Karen(More)
Acknowledgments We thank the private foundations that fund the American Dream Demonstration (ADD): founder and chair of the Corporation for Enterprise Development (CFED), conceived and produced ADD. Brian Grossman, René Bryce-Laporte, and other CFED staff have also supported the evaluation of ADD. provided consistently excellent managerial and editorial(More)
i Acknowledgements Support for this survey report comes from the 11 foundations that are funding the " American Dream Demonstration " (ADD). They are the Ford Foundation, The evaluation of ADD is guided by an Evaluation Advisory Committee (Appendix A). We are grateful for their work on the evaluation design and for their continuing review and(More)