Financial repercussions of SNAP work requirements

Samuel Dodini, Jeff Larrimore and Anna Tranfaglia

Journal of Public Economics, 2024, vol. 229, issue C

Abstract: This paper considers individual-level credit responses after the implementation of work requirements for SNAP benefits. It does so by exploiting county-level variation in the reintroduction of work requirements after the Great Recession. We find that new SNAP work requirements lead more people to seek out new credit and lead to an increase in credit account openings. New work requirements also result in an increase in total outstanding credit balances as well as an increase in past due balances. These findings suggest that individuals are turningto credit and debt products to cover expenses after losing SNAP eligibility.

Keywords: Work requirements; SNAP benefits; Consumer credit (search for similar items in EconPapers)
JEL-codes: G51 H31 H53 I38 (search for similar items in EconPapers)
Date: 2024
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Working Paper: Financial Repercussions of SNAP Work Requirements (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:pubeco:v:229:y:2024:i:c:s0047272723002165

DOI: 10.1016/j.jpubeco.2023.105034

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