New research from the Center for Social Development (CSD) shows that parents of newborns with Child Development Accounts (CDAs) respond by deepening their commitment to the child’s higher education and their own efforts to save for that education. The findings come from two newly released publications: a research summary of account and savings data from […]
Clancy, M. M., Beverly, S. G., Schreiner, M., Huang, J., & Sherraden, M. (2021). Financial outcomes in a Child Development Account experiment: Full inclusion, success regardless of race or income, investment growth for all (CSD Research Summary 21-06). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/fnjg-n539
Huang, J., Beverly, S. G., Clancy, M. M., Schreiner, M., & Sherraden, M. (2021). A long-term experiment on Child Development Accounts: Update and impacts of SEED for Oklahoma Kids (CSD Research Report No. 21-07).
Washington University, Center for Social Development. https://doi.org/10.7936/e8mf-p262
Shanks, T. R., & Meehan, P. (2021, February). MI-SEED investment funds and account growth: Implications for achieving higher rates of return in CDA programs (Research Brief No. 21-05). Washington University, Center for Social Development, and University of Michigan, Center for Equitable Family and Community Well-Being. https://doi.org/10.7936/50MK-H281
Huang, J., Sherraden, M. S., & Sherraden, M. (2021). Toward finance as a public good (CSD Working Paper No. 21-03). Washington University, Center for Social Development. https://doi.org/10.7936/p8dd-p256
Center for Social Development. (2021). In the community: Over 25 years of inquiry, innovation, and impact (CSD Report No. 20-01). Washington University, Center for Social Development. https://doi.org/10.7936/2n6h-jt55
Ansong, D., Okumu, M., Huang, J., Sherraden, M. S., Johnson, L., & Zou, L. (2020, November). Financial capability and asset building in social and economic development: Advancing the Sustainable Development Goals (CSD Perspective No. 20-27). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/vh44-x812
Asset-building policies have taken root and are growing in countries across the globe, thanks in large part to strong international partnerships and applied social research. One robust example includes Korea, which marked a decade of asset building on November 12, 2020.
This Perspective is adapted from Michael Sherraden’s keynote address given during the “Ceremony Commemorating the 20th Anniversary of Self Sufficiency & Welfare Policy and 10th Anniversary of Asset Building Policy” in Korea. The Perspective is presented through a partnership between the Center for Social Development, the Korean Ministry of Health & Welfare, and the Korea […]
Leiker, C., Clancy, M. M., & Sherraden, M. (2020, October). Insights from state treasurers: Developing and implementing statewide Child Development Account policies (CSD Policy Summary No. 20-19). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/14tc-2b43
Sun, S., Huang, J., Hudson, D., & Sherraden, M. (2020). Cash transfers and health (CSD Working Paper No. 20-16). St. Louis, MO: Washington University, Center for Social Development.
What would it take to ensure that every child in every state has an account accumulating assets for education beyond high school? How would those assets shape the children and their families? State officials, researchers, nonprofit leaders, program managers, and funders gathered July 16 to take up those questions.
Huang, J., Beverly, S. G., Clancy, M. M., & Sherraden, M. (2020). Child Development Accounts improve
parenting practices, particularly for financially vulnerable families (CSD Research Brief No. 20-15).
St. Louis, MO: Washington University, Center for Social Development.
Thirteen years after they began, researchers in a landmark study of asset building in Oklahoma are poised to receive new information gathered despite obstacles posed by COVID-19.
Thursday, July 16, 2020, 9:00 a.m. to 4:00 p.m. CT, Virtual Conference
The report summarizes findings and recommendations from CDA research to inform policymakers and practitioners operating or considering CDAs in the midst of the COVID-19 health and economic crisis.
Sherraden, M., Clancy, M. M., Huang, J., & Beverly, S. G. (2020). Child Development Accounts in the COVID-19 crisis: Lessons from the Great Recession (CSD Research and Policy Report No. 20-11). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/c5dg-qz60
The Oklahoma Native Assets Coalition Inc. (ONAC) has released its Native Children’s Savings Initiative in the United States report.
Nearly 30 years after the publication of Michael Sherraden’s seminal Assets and the Poor, Child Development Account (CDA) policies and programs are emerging across the globe. Now, a new book edited by Jin Huang, Li Zou and Sherraden showcases the global context of those advancements.
Huang, J., Zou, L., & Sherraden, M. (Eds.) (2020). Inclusive Child Development Accounts: Toward universality and progressivity. Abingdon, UK: Routledge.
A study from the Center for Social Development’s SEED for Oklahoma Kids (SEED OK) experiment has been nominated for an award given to the best paper published in the Journal of Consumer Affairs.
Huseynli, A., Sherraden, M., & Gottlieb, D. (2020, January). Child Development Accounts: A policy design and opportunity for Azerbaijan (CSD Policy Brief No. 20-02). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/bnqw-qn41
CSD research and expertise shape proposal for a universal policy in the Show-Me state.
An expanding partnership is pursuing legislation for Missouri children in 2020.
Clancy, M. M., Sherraden, M., & Beverly, S. G. (2019, December). Essential policy design elements for statewide Child Development Accounts (CSD Fact Sheet No. 19-47). St. Louis MO: Washington University, Center for Social Development. https://doi.org/10.7936/1rvq-dy43
Clancy, M. M., Sherraden, M., & Beverly, S. G. (2019, November). Child Development Accounts at scale: Sample state legislation (CSD Policy Summary No. 19-46). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/cptg-2n77
Clancy, M. M., & Sherraden, M., Huang, J., Beverly, S. G., & Kim, Y. (2019, November). Statewide Child Development Accounts and Local Partnerships: A Scalable Model that Can Include All Families. (CSD Policy Brief No. 19-45). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/q310-7h95
Sherraden, M., Lough, B. J., Sherraden, M. S., Williams Shanks, T. R., & Huang, J. (2019). Applied social research: Aiming for impact. Journal of the Society for Social Work and Research, 10(4), 545–570. https://doi.org/10.1086/706153
Huang, J., Beverly, S. G., Kim, Y., Clancy, M. M., & Sherraden, M. (2019, October). Financially vulnerable families reap multiple benefits from Child Development Accounts (CSD Research Brief No. 19-40). St. Louis, MO: Washington University, Center for Social Development.
Amendments enacted on Wednesday, October 2, will affect all newborn children in California. The state became the third this year to adopt a universal, at-birth Child Development Account (CDA) policy.
October 22, 2019, 12:00 to 2:00 p.m., Clark-Fox Forum, Brown School of Social Work, Washington University in St. Louis
Sherraden, M. S., & Huang, J. (2019). Financial social work. In C. Franklin et al. (Eds.), Encyclopedia of Social Work. doi:10.1093/acrefore/9780199975839.013.923
Illinois became the most recent state in the U.S. to adopt universal Child Development Accounts on August 23, when Gov. J.B. Pritzker signed legislation to open a 529 college savings plan account with deposits for every child born or adopted in Illinois after Dec. 31, 2020.
Nebraska’s legislature today approved a universal Child Development Account (CDA) policy that will cover every resident born in the state on or after January 1, 2020.
June 13, 2019, 10:00 a.m. to 2:00 p.m., Hillman Hall classroom 130, Brown School of Social Work, Washington University in St. Louis
Experts from the Center for Social Development traveled to Asia in mid-April to advise Taiwanese leaders about social policy and social work education.
Grinstein-Weiss, M., Pinto, O., Kondratjeva, O., Roll, S. P., Bufe, S., Barkali, N., & Gottlieb, D. (2019). Enrollment and participation in a universal child savings program: Evidence from the rollout of Israel’s national program. Children and Youth Services Review, 101, 225–238. https://doi.org/10.1016/j.childyouth.2019.03.048
Child Development Accounts take center stage in a newly released special issue of the Asia Pacific Journal of Social Work and Development. The sweeping, seven-article issue shows the global context of the emerging asset-building policy. “Many countries are exploring new policy innovations that encourage asset building,” said Michael Sherraden, who co-edited the issue and co-authored […]
Deng, S. (2019). Breaking the cycle: An asset-based family intervention for poverty alleviation in China. Asia Pacific Journal of Social Work and Development, 29(1), 82–94. doi:10.1080/02185385.2019.1571943
Han, C.-K. (2019). A qualitative study on participants’ perceptions of child development accounts in Korea. Asia Pacific Journal of Social Work and Development, 29(1), 70–81. doi:10.1080/02185385.2019.1571941
Nabunya, P., Namatovu, P., Damulira, C., Kivumbi, A., Byansi, W., Mukasa, M., Nattabi, J., & Ssewamala, F. M. (2019). Assessing the impact of an asset-based intervention on educational outcomes of orphaned children and adolescents: Findings from a randomised experiment in Uganda. Asia Pacific Journal of Social Work and Development, 29(1), 59–69. doi:10.1080/02185385.2019.1575271
Cheng, L.-C. (2019). Policy innovation and policy realisation: The example of children future education and development accounts in Taiwan. Asia Pacific Journal of Social Work and Development, 29(1), 48–58. doi:10.1080/02185385.2019.1571942
Grinstein-Weiss, M., Kondratjeva, O., Roll, S. P., Pinto, O., & Gottlieb, D. (2019). The Saving for Every Child Program in Israel: An overview of a universal asset-building policy. Asia Pacific Journal of Social Work and Development, 29(1), 20–33. doi:10.1080/02185385.2019.1574600
Loke, V., & Sherraden, M. (2019). Building assets from birth: Singapore’s policies. Asia Pacific Journal of Social Work and Development, 29(1), 6–19. doi:10.1080/02185385.2019.1571940
Huang, J., Zou, L., & Sherraden, M. (Eds.). (2019). Inclusive child development accounts: Toward universality and progressivity [Special issue]. Asia Pacific Journal of Social Work and Development, 29(1).
Sherraden, M., Huang, J., & Zou, L. (2019). Toward universal, progressive, and lifelong asset building: Introduction to the special issue. Asia Pacific Journal of Social Work and Development, 29(1), 1–5. doi:10.1080/02185385.2019.1575272
The Congressional Research Institute for Social Work and Policy hosted its fifth annual Social Work Day on the Hill on March 20 in Washington, D.C.
Sherraden, M., & Clancy, M. M. (2019, March). A bill to create the Bright Futures Plan Task Force: Testimony on H.B. 2389 before the House Education Committee, Oregon State Legislature (CSD Testimony No. 19-09). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/zb67-p268
Michael Sherraden will discuss potential federal policy for inclusive and progressive Child Development Accounts (CDAs), so that all U.S. children can accumulate assets, on March 20 at the National Press Club, in Washington, D.C. Several states have already enacted statewide CDA policies, and a nationwide policy is possible. Sherraden is the George Warren Brown Distinguished […]
Clancy, M. M., Sherraden, M., & Beverly, S. G. (2019, March). SEED for Oklahoma Kids Wave 3: Extending Rigorous Research and a Successful Policy Model (CSD Research Brief No. 19-06). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/zx2j-0543