No time for the full working paper? No problem—get the latest commentary from BFI’s leading scholars in short form.
Take-up and Targeting: Experimental Evidence from SNAP
There are programs in the United States that provide food and health care, for example, to individuals who otherwise cannot afford them. All they have to do is apply. And yet many eligible individuals choose to not apply for those benefits.
The Economic Consequences of Bankruptcy Reform
For some individuals with high levels of debt and no means to pay it all back, bankruptcy can mean a fresh start by offering creditors partial repayment while remaining debts are forgiven. This new beginning is not painless for debtors, as they must liquidate personal property, which means not only cash, stocks, or bonds, but can also include such items as collectables and family heirlooms. For creditors, bankruptcy may offer at least some repayment but often leaves them wanting.