The 2021 Child Tax Credit: Who Received It and How Did They Spend It?

Katherine Michelmore and Natasha V. Pilkauskas

AEA Papers and Proceedings, 2023, vol. 113, 413-19

Abstract: In March of 2021, Congress passed a one-year expansion of the Child Tax Credit (CTC), creating a temporary, near-universal child benefit. Despite expanding eligibility to millions of previously ineligible children living in low-income households, only two-thirds received the monthly benefit. We illustrate that some historic gaps in receipt of the CTC remain despite the efforts to make the credit more universal: prior tax filing, household income, and survey language were among the strongest predictors of monthly receipt. More work is needed to understand why families did not receive the CTC and how to reach these vulnerable populations.

JEL-codes: G51 H24 H31 I32 I38 J12 J13 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.aeaweb.org/doi/10.1257/pandp.20231089 (application/pdf)
https://doi.org/10.3886/E184122V1 (text/html)
https://www.aeaweb.org/doi/10.1257/pandp.20231089.appx (application/pdf)
https://www.aeaweb.org/doi/10.1257/pandp.20231089.ds (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:apandp:v:113:y:2023:p:413-19

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/subscribe.html

DOI: 10.1257/pandp.20231089

Access Statistics for this article

AEA Papers and Proceedings is currently edited by William Johnson and Kelly Markel

More articles in AEA Papers and Proceedings from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().