Wednesday, November 30, 2022 | The Latest Research, Commentary, And News From Health Affairs
Dear
John,
Nirmita Panchal, Senior Policy Analyst at Kaiser Family Foundation, co-authored yesterday's newsletter in addition to Matthew Rae. Read the newsletter here.
Child Tax Credit
The American Rescue Plan Act of 2021 expanded the Child Tax Credit (CTC), a federal credit for qualifying families.
Using survey data from the period 2017–21, Benjamin
Glasner and colleagues find no evidence that the temporarily expanded CTC translated into improved subjective well-being or mental health for recipients.
This finding held true even among lower-income families and racially and ethnically minoritized groups, for whom the net benefit of the credit was larger.
Citing other research on the impact of cash transfers on mental health,
Glasner and colleagues explain that large increases and increases in long-run income may be more likely to improve well-being than small-to-moderate positive income shocks.
Read the entire collection of articles exploring the health effects of economic security policies in the November issue of Health Affairs.
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