Higher Vehicle Exclusions and Asset Limits in SNAP May Encourage Asset Accumulation Among Low-Income Households

Jessica Todd

Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2019, vol. March 2019, issue 02

Abstract: SNAP eligibility is based on income and asset levels. While higher vehicle exclusions were not found to affect liquid asset or vehicle holdings, eliminating the SNAP asset limit increased a low-income household’s liquid assets by 20 percent and the likelihood of owning a vehicle by 3 percentage points.

Keywords: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Food Security and Poverty (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersaw:302686

DOI: 10.22004/ag.econ.302686

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