Construct · 1 fields · 1 citations

individual development account: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
individualdevelopment account1 CONSTRUCTIndividual developmentMILLS · HOUSEHOLD FINANCE

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Household finance

a savings account for low-income people where deposits are matched when used for assets like a home or education.

In household finance, individual development account refers to a savings account for low-income people where deposits are matched when used for assets like a home or education. This meaning comes from Mills (2008) in Journal of Public Economics.[1]

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Nearby constructs

development1 fields · 2 citationsanchor · a standalone constructhousehold finance1 fields · 1 citationsanchor · a standalone construct

References

  1. Mills, G., Gale, W. G., Patterson, R., Engelhardt, G. V., Eriksen, M. D., & Apostolov, E. (2008). Effects of individual development accounts on asset purchases and saving behavior: Evidence from a controlled experiment. Journal of Public Economics, 92(5-6), 1509-1530. https://doi.org/10.1016/j.jpubeco.2007.09.014

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