View Item 

Show simple item record

Lessons from Behind the Curtain: Massachusetts Baby Bonds Task Force
dc.contributor.authorShapiro, Thomas
dc.date.accessioned2025-02-10T18:46:03Z
dc.date.available2025-02-10T18:46:03Z
dc.date.issued2024-10-23
dc.identifier.urihttps://hdl.handle.net/2027.42/195303en
dc.descriptionThe goal of the Financial Independence policy conference held on September 16 and 17, 2024 in Washington, D.C. was to bring together experts from the asset and income fields to share theory, evidence, and best practices as part of an effort to work toward development of a new social contract capable of ending poverty. It was divided into four sessions. Sessions one and two focused on Children’s Savings Accounts and Baby Bonds as promising asset building policy proposals for solving the wealth inequality aspect of poverty. The third session focused on Unconditional Cash Transfers, the Child Tax Credit, and Child Allowances as promising income policy proposals for solving the income inequality aspect of poverty. Because poverty has both an income and asset component, the final session discussed why a core component of a new social contract meant to end poverty must include the combining of these strategies. This policy brief is part of the Baby Bonds’ session.en_US
dc.description.abstractThe Baby Bonds Task Force, under the leadership of the Massachusetts Office of Economic Empowerment, played an instrumental role in shaping the Baby Bonds proposal. Their findings underscore the necessity of targeted financial investments to close racial wealth gaps, providing data to illustrate how Baby Bonds could drastically improve the financial outlook for low-income families across the state. The 2023 Massachusetts Baby Bonds proposal is framed as a key tool for addressing the racial wealth gap by offering long- term wealth-building opportunities for children born into low- income families.en_US
dc.description.sponsorshipAnnie E. Casey, Charles Stewart Mott Foundation, McKnight Foundation, and the University of Michigan’s School of Social Worken_US
dc.language.isoen_USen_US
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectBaby Bondsen_US
dc.subjectAssetsen_US
dc.subjectWealth Inequalityen_US
dc.subjectRacial Wealth Gapen_US
dc.titleLessons from Behind the Curtain: Massachusetts Baby Bonds Task Forceen_US
dc.typeConference Paperen_US
dc.subject.hlbsecondlevelSocial Work
dc.subject.hlbtoplevelSocial Sciences
dc.contributor.affiliationumSocial Work, School of (SSW)en_US
dc.contributor.affiliationumcampusAnn Arboren_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/195303/1/LessonsFromBehindCurtainBrief.pdf
dc.identifier.doihttps://dx.doi.org/10.7302/24499
dc.description.filedescriptionDescription of LessonsFromBehindCurtainBrief.pdf : Brief
dc.description.depositorSELFen_US
dc.working.doi10.7302/24499en_US
dc.owningcollnameSocial Work, School of (SSW)


Files in this item

Name:
license_rdf
Size:
908bytes
Format:
application/rdf+xml
View/Open
Name:
LessonsFromBehindCurtainBrief.pdf
Size:
1.920MB
Format:
PDF
Description:
Brief
View/Open

Show simple item record

Attribution 4.0 International
Except where otherwise noted, this item's license is described as Attribution 4.0 International

Remediation of Harmful Language

The University of Michigan Library aims to describe its collections in a way that respects the people and communities who create, use, and are represented in them. We encourage you to Contact Us anonymously if you encounter harmful or problematic language in catalog records or finding aids. More information about our policies and practices is available at Remediation of Harmful Language.

Accessibility

If you are unable to use this file in its current format, please select the Contact Us link and we can modify it to make it more accessible to you.