Tag: Great Recession Policy

social_security_5

Abstract The number of participants in the Supplemental Security Income Program (SSI) and the Supplemental Nutrition Assistance Program (SNAP) skyrocketed during the Great Recession.  But more surprising is that caseloads for both programs increased during the preceding expansion and during the nascent recovery period after the Great Recession.  Using both administrative program data and t…

Senior man calculating finances

Abstract This study uses DYNASIM3, the Urban Institute’s dynamic microsimulation model, to examine the long-run effects of the Great Recession on the future retirement incomes of working-age individuals in 2008. It compares a baseline scenario that incorporates the historic and projected effects of high unemployment and lower wages from the recession with a no-recession scenario…