Household Assets and Food Security: Evidence from the Survey of Program Dynamics
- 506 Downloads
This study uses the Survey of Program Dynamics data to examine the independent role of household assets in food security. It further examines whether assets provide a buffer for low-income households to food insecurity in the face of income losses. Results of the Two-Part Model analyses show that household assets have a significant association with food security in both the full sample and the low-income sample. In the presence of household assets, income’s effect on food security decreases. In addition, the significant interaction terms of income loss and household assets indicate that assets provide resources to smooth food consumption. The findings of this study suggest a consideration of asset building strategies in asset related provisions of current food assistance policy.
KeywordsFood security Food stamp program Household assets Income
- Bania, N., & Leete, L. (2007). Income volatility and food insufficiency in U.S. low-income households, 1992–2003. In T. A. Majchrowicz (Ed.), RIDGE project summaries, 2006: Food Assistance and Nutrition Research Innovation and Development Grants in Economics Program. Washington, DC: USDA Economic Research Service.Google Scholar
- Bartlett, S., & Burstein, N. (2004). Food Stamp Program access study: eligible nonparticipants (E-FAN-03-013-2). Washington, DC: USDA.Google Scholar
- Beverly, S. (1997). How can the poor save? Theory and evidence on saving in low-income households. Center for Social Development Working Paper 97-3. St. Louis, MO: Center or Social Development, Washington University.Google Scholar
- Bickel, G., Nord, M., Price, C., Hamilton, W., & Cook, J. (2000). Guide to measuring household food security. Washington, DC: USDA Food and Nutrition Service.Google Scholar
- Cameron, A. C., & Trivedi, P. K. (2005). Microeconometrics: Methods and applications. New York: Cambridge University Press.Google Scholar
- Cramer, R. (2003). The misleading way we count the poor: Alternatives to our antiquated poverty measure should consider assets (Asset building program issue brief #3). Washington, DC: New American Foundation.Google Scholar
- Dean, S. (2005). Administration’s budget proposes to cut the Food Stamp Program. Washington, DC: Center on Budget and Policy Priorities.Google Scholar
- Edwards, K., & Bailey, J. (2006). State-level individual development account (IDA) policy: Opportunities and challenges for rural areas. St. Louis, MO: Center for Social Development. Washington University.Google Scholar
- Gleason, P., Schochet, P., & Moffitt, R. (1998). The dynamics of Food Stamp Program participation in the early 1990s. Washington, DC: USDA.Google Scholar
- Grinstein-Weiss, M., Yeo, Y. H., Despard, M. R., Casalotti, A. M., & Zhan, M. (2010). Does prior banking experience matter? Differences of the banked and unbanked in Individual Development Accounts. Journal of Family and Economic Issues. doi: 10.1007/s10834-010-9184-5.
- Gundersen, G., & Gruber, J. (2001). The dynamic determinants of food insufficiency. In M. S. Andrews & M. A. Prell (Eds.), Second Food Security Measurement and Research Conference, Volume II: Papers (pp. 91–109). Washington, DC: USDA Economic Research Service.Google Scholar
- Haveman, R., & Wolff, E. (2000). Who are the asset poor? Levels, trends and composition, 1983–1998. Center for Social Development Discussion Paper 1227-01. St. Louis, MO: Center for Social Development, Washington University.Google Scholar
- Hubbard, R., Skinner, J., & Zeldes, S. (1994). Expanding the life-cycle model: Precautionary saving and public policy. American Economic Review, 84(2), 174–179.Google Scholar
- Mills, G., Campos, G., Ciurea, M., DeMarco, D., Michlin, N., & Welch, D. (2000). Evaluation of asset accumulation initiatives: Final report provided for USDA Food and Nutrition Service. Cambridge, MA: Abt Associates Inc.Google Scholar
- Nord, M., Andrews, M., & Carlson, S. (2007). Household food security in the United States, 2006 (Economic Research Report 49). Washington, DC: USDA Food Assistance & Nutrition Research Program.Google Scholar
- Olson, C., Rauschenbach, B., Frongillo, E., & Kendall, A. (1997). Factors contributing to household food insecurity in a rural upstate New York county. Family Economics and Nutrition Review, 10(2), 2–17.Google Scholar
- Ribar, D., & Hamrick, K. (2003). An analysis of poverty and food sufficiency dynamics. Washington, DC: USDA Economic Research Service.Google Scholar
- Rose, D., Gundersen, C., & Oliveira, V. (1998). Socio-economic determinants of food insecurity in the United States: Evidence from the SIPP and CSFII Datasets. Washington, DC: USDA Economic Research Service.Google Scholar
- Rosenbaum, D. (2002). States have significant flexibility in the Food Stamp Program. Washington, DC: Center on Budget and Policy Priorities.Google Scholar
- Schreiner, M., & Sherraden, M. (2007). Can the poor save? Saving and asset accumulation in Individual Development Accounts. New Brunswick, NJ: Transaction Publishers.Google Scholar
- Sherraden, M. (1991). Assets and the poor: A new American welfare policy. NY: M.E. Sharpe.Google Scholar
- U.S. Census Bureau. (2002). SPD Survey of Program Dynamics users’ guide. Washington, DC: Census Bureau.Google Scholar
- U.S. Department of Agriculture, Food and Nutrition Services (USDA-FNS). (2007). Nutrition Assistance Programs. Retrieved February 28, 2009 from http://www.fns.usda.gov/.
- U.S. Department of Health, Human Services. (1999). Temporary Assistance for Needy Families (TANF) program: Second annual report to congress. Washington, DC: DHHS.Google Scholar
- Weinberg, D. H., & Shipp, S. S. (2000). The Survey of Program Dynamics—A mid-term status report. Washington, DC: U.S. Census Bureau.Google Scholar
- Wolkwitz, K. (2007). Trends in Food Stamp Program participation rates: 1999–2005. Prepared by Mathematica Policy Research, Inc., for the Food and Nutrition Service. Retrieved February 28, 2009 from www.fns.usda.gov/fns/oane.