Assets for the Poor: The Benefits of Spreading Asset Ownership (Ford Foundation Series on Asset Building)

0 avg rating
( 0 ratings by Goodreads )
 
9780871547644: Assets for the Poor: The Benefits of Spreading Asset Ownership (Ford Foundation Series on Asset Building)
View all copies of this ISBN edition:
 
 

Over the past three decades, average household wealth in the United States has declined among all but the richest families, with a near 80 percent drop among the nation's poorest families. Although the national debate about inequality has focused on income, it is wealth--the private assets amassed and passed on within families--that provides the extra economic cushion needed to move beyond mere day-to-day survival. Assets for the Poor is the first full-scale investigation into the importance of family wealth and the need for policies to encourage asset-building among the poor.

Assets for the Poor shows how institutional mechanisms designed to encourage acquisition of capital and property favor middle-class and high-income families. For example, the aggregate value of home mortgage tax deductions far outweighs the dollar amount of the subsidies provided by Section 8 rental vouchers and public housing. Banking definitions of creditworthiness largely exclude minorities, and welfare rules have made it nearly impossible for single mothers to accumulate savings, let alone stocks or real estate. Due to persistent residential segregation, even those minority families who do own homes are often denied equal access to better schools and public services.

The research in this volume shows that the poor do make use of the assets they have. Cash gifts--although small in size--are frequent within families and often lead to such positive results as homebuying and debt reduction, while tangible assets such as tools and cars help increase employment prospects. Assets for the Poor examines policies such as Individual Development Account tax subsidies to reward financial savings among the poor, and more liberal credit rules to make borrowing easier and less costly. The contributors also offer thoughtful advice for bringing the poor into mainstream savings institutions and warn against developing asset building policies at the expense of existing safety net programs.

Asset-building for low-income families is a powerful idea that offers hope to families searching for a way out of poverty. Assets for the Poor challenges current thinking regarding poverty reduction policies and proposes a major shift in the way we think about families and how they make a better life.

A Volume in the Ford Foundation Series on Asset Building

"synopsis" may belong to another edition of this title.

About the Author:

THOMAS M. SHAPIRO is professor of sociology at Northeastern University.

EDWARD N. WOLFF is professor of economics at New York University.

CONTRIBUTORS Richard V. Burkhauser, John Sibley Butler, Stacie Carney, Dalton Conley, Nancy A. Denton, Kathryn Edin, William G. Gale, Robert Haveman, Lelvin L. Oliver, Laurence S. Seidman, Thomas M. Shapiro, Michael Sherraden, Seymour Spilerman, Mark J. Stern, Robert Weathers, Mark O. Wilhelm, Edward N. Wolff

Synopsis:

This handsomely-bound volume contains 11 contributions on the importance of family wealth and the need for policies to encourage asset building among the poor. Shapiro (sociology, Northeastern U.), Wolff (economics, NYU), and other academics and researchers discuss topics such as recent trends in wealth ownership, housing as a means of asset accumu

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9780871549495: Assets for the Poor: The Benefits of Spreading Asset Ownership (Ford Foundation series on asset building)

Featured Edition

ISBN 10:  0871549492 ISBN 13:  9780871549495
Publisher: Russell Sage Foundation, 2001
Hardcover

Top Search Results from the AbeBooks Marketplace

1.

Shapiro, Thomas A.
Published by Russell Sage Foundation
ISBN 10: 0871547643 ISBN 13: 9780871547644
New Softcover Quantity Available: 1
Seller:
Rating
[?]

Book Description Russell Sage Foundation. Condition: BRAND NEW. BRAND NEW Softcover A Brand New Quality Book from a Full-Time Bookshop in business since 1992!. Seller Inventory # 2261161

More information about this seller | Contact this seller

Buy New
19.50
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

2.

Published by University of Chicago press
ISBN 10: 0871547643 ISBN 13: 9780871547644
New Quantity Available: > 20
Seller:
INDOO
(Avenel, NJ, U.S.A.)
Rating
[?]

Book Description University of Chicago press. Condition: New. Brand New. Seller Inventory # 0871547643

More information about this seller | Contact this seller

Buy New
17.66
Convert Currency

Add to Basket

Shipping: 2.73
Within U.S.A.
Destination, Rates & Speeds

3.

Thomas M. Shapiro (Editor), Edward N. Wolff (Editor)
Published by Russell Sage Foundation (2005)
ISBN 10: 0871547643 ISBN 13: 9780871547644
New Paperback Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description Russell Sage Foundation, 2005. Paperback. Condition: New. Seller Inventory # DADAX0871547643

More information about this seller | Contact this seller

Buy New
27.52
Convert Currency

Add to Basket

Shipping: 3.03
Within U.S.A.
Destination, Rates & Speeds

4.

Published by Russell Sage Foundation, United States (2005)
ISBN 10: 0871547643 ISBN 13: 9780871547644
New Paperback Quantity Available: 1
Seller:
Book Depository hard to find
(London, United Kingdom)
Rating
[?]

Book Description Russell Sage Foundation, United States, 2005. Paperback. Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Over the past three decades, average household wealth in the United States has declined among all but the richest families, with a near 80 percent drop among the nation s poorest families. Although the national debate about inequality has focused on income, it is wealth--the private assets amassed and passed on within families--that provides the extra economic cushion needed to move beyond mere day-to-day survival. Assets for the Poor is the first full-scale investigation into the importance of family wealth and the need for policies to encourage asset-building among the poor. Assets for the Poor shows how institutional mechanisms designed to encourage acquisition of capital and property favor middle-class and high-income families. For example, the aggregate value of home mortgage tax deductions far outweighs the dollar amount of the subsidies provided by Section 8 rental vouchers and public housing. Banking definitions of creditworthiness largely exclude minorities, and welfare rules have made it nearly impossible for single mothers to accumulate savings, let alone stocks or real estate. Due to persistent residential segregation, even those minority families who do own homes are often denied equal access to better schools and public services. The research in this volume shows that the poor do make use of the assets they have. Cash gifts--although small in size--are frequent within families and often lead to such positive results as homebuying and debt reduction, while tangible assets such as tools and cars help increase employment prospects. Assets for the Poor examines policies such as Individual Development Account tax subsidies to reward financial savings among the poor, and more liberal credit rules to make borrowing easier and less costly. The contributors also offer thoughtful advice for bringing the poor into mainstream savings institutions and warn against developing asset building policies at the expense of existing safety net programs. Asset-building for low-income families is a powerful idea that offers hope to families searching for a way out of poverty. Assets for the Poor challenges current thinking regarding poverty reduction policies and proposes a major shift in the way we think about families and how they make a better life. A Volume in the Ford Foundation Series on Asset Building. Seller Inventory # BTE9780871547644

More information about this seller | Contact this seller

Buy New
30.98
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

5.

Published by Russell Sage Foundation (2005)
ISBN 10: 0871547643 ISBN 13: 9780871547644
New Softcover Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description Russell Sage Foundation, 2005. Condition: New. book. Seller Inventory # M0871547643

More information about this seller | Contact this seller

Buy New
31.17
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

6.

Published by Russell Sage Foundation (2005)
ISBN 10: 0871547643 ISBN 13: 9780871547644
New Paperback Quantity Available: 2
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Russell Sage Foundation, 2005. Paperback. Condition: New. Never used!. Seller Inventory # P110871547643

More information about this seller | Contact this seller

Buy New
46.88
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

7.

Published by Russell Sage Foundation
ISBN 10: 0871547643 ISBN 13: 9780871547644
New PAPERBACK Quantity Available: 1
Seller:
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description Russell Sage Foundation. PAPERBACK. Condition: New. 0871547643 New Condition. Seller Inventory # NEW7.1403647

More information about this seller | Contact this seller

Buy New
46.91
Convert Currency

Add to Basket

Shipping: 3.79
Within U.S.A.
Destination, Rates & Speeds