òòò½Íø Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
Does Old-Age Social Security Help Children? The Impact of Social Security on Grandchild Resources
òòò½Íø Papers and Proceedings
(pp. 126–31)
Abstract
Though Social Security is typically considered a program to support retirees, nearly one in ten children live in a home reporting Social Security income, twice as many as traditional cash welfare. We use the sharp increase in eligibility for Social Security benefits at age 62 to investigate the role that Social Security plays in childhood economic resources among children who live with their grandparents. We do not find that Social Security eligibility increases household income on average, but it is associated with reductions in deep poverty. We also see increased availability of household members' time for home production.Citation
Schmidt, Lucie, Lara Shore-Sheppard, and Tara Watson. 2025. "Does Old-Age Social Security Help Children? The Impact of Social Security on Grandchild Resources." òòò½Íø Papers and Proceedings 115: 126–31. DOI: 10.1257/pandp.20251102Additional Materials
JEL Classification
- H55 Social Security and Public Pensions
- J12 Marriage; Marital Dissolution; Family Structure; Domestic Abuse
- J13 Fertility; Family Planning; Child Care; Children; Youth
- J14 Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination