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ERIC Number: ED509921
Record Type: Non-Journal
Publication Date: 2007-Apr
Pages: 32
Abstractor: As Provided
Reference Count: 54
ISBN: N/A
ISSN: N/A
The Economic Costs of Poverty in the United States: Subsequent Effects of Children Growing Up Poor. Discussion Paper No. 1327-07
Holzer, Harry J.; Schanzenbach, Diane Whitmore; Duncan, Greg J.; Ludwig, Jens
Institute for Research on Poverty
In this paper, we review a range of rigorous research studies that estimate the average statistical relationships between children growing up in poverty and their earnings, propensity to commit crime, and quality of health later in life. We also review estimates of the costs that crime and poor health per person impose on the economy. Then we aggregate all of these average costs per poor child across the total number of children growing up in poverty in the U.S. to estimate the aggregate costs of child poverty to the U.S. economy. Our results suggest that "the costs to the U.S. associated with childhood poverty total about $500 billion per year, or the equivalent of nearly 4 percent of GDP." (Contains 35 footnotes.) [This report was prepared for the Task Force on Poverty at the Center for American Progress.]
Institute for Research on Poverty. Publications Department, 1180 Observatory Drive, Madison, WI 53706-1393. Tel: 608-262-6358; Fax: 608-265-3119; e-mail: irppubs@ssc.wisc.edu; Web site: http://www.irp.wisc.edu
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: University of Wisconsin-Madison, Institute for Research on Poverty
Identifiers - Location: United States
Identifiers - Assessments and Surveys: National Longitudinal Survey of Youth