Research / BFI Working PaperMay 22, 2019

The Decline, Rebound, and Further Rise in SNAP Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes

Peter Ganong, Jeffrey B. Liebman

1-in-7 Americans received benefits from the Supplemental Nutrition Assistance Program in 2011, an all-time high. We analyze changes in program enrollment over the past two decades, quantifying the contributions of unemployment and state policy changes. Using instrumental variables to address measurement error, we estimate that a one percent- age point increase in unemployment raises enrollment by 15 percent. Unemployment explains most of the decrease in enrollment in the late 1990s, state policy changes explain more of the increase in enrollment in the early 2000s, and unemployment explains most of the increase in enrollment in the aftermath of the Great Recession.

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BFI Working Paper Aug 23, 2018

Liquidity vs. Wealth in Household Debt Obligations: Evidence from Housing Policy in the Great Recession

Peter Ganong, Pascal Noel
Topics:  Fiscal Studies, Financial Markets, Employment & Wages, Economic Mobility & Poverty, Monetary Policy, COVID-19
BFI Working Paper Jul 27, 2020

Why Do Borrowers Default on Mortgages? A New Method For Causal Attribution

Peter Ganong, Pascal Noel
Topics:  Uncategorized
BFI Working Paper May 22, 2019

Why Has Regional Income Convergence in the U.S. Declined?

Peter Ganong, Daniel Shoag
Topics:  Uncategorized