@article{170591,
  author = {H. Luke Shaefer and Sophie Collyer and Greg Duncan and Kathryn Edin and Irwin Garfinkel and David Harris and Timothy M. Smeeding and Jane Waldfogel and Christopher Wimer and Hirokazu Yoshikawa},
  title = {A Universal Child Allowance: A Plan to REduce Poverty and Income Instability among Children in the United States},
  abstract = { To reduce child poverty and income instability, and eliminate extreme poverty among families with children in the United States, we propose converting the Child Tax Credit and child tax exemption into a universal, monthly child allowance. Our proposal is based on principles we argue should undergird the design of such~policies: universality, accessibility, adequate payment levels, and more generous support for young children. Whether benefits should decline with additional children to reflect economies of scale is a question policymakers should consider. Analyzing 2015 Current Population Survey data, we estimate our proposed child allowance would reduce child poverty by about 40 percent, deep child poverty by nearly half, and would effectively eliminate extreme child poverty. Annual net cost estimates range from $66 billion to $105 billion. },
  year = {2018},
  journal = {Russell Sage Foundation Journal of the Social Sciences},
  volume = {4},
  pages = {22-42},
  language = {eng},
}