First Study Of Its Kind Shows Financial Aid Can Prevent Homelessness
By: Keith Burbank, Bay City News
For people on the verge of homelessness, emergency financial assistance offers great promise, according to a randomized control study done in Santa Clara County.
Randomized control studies are typically used in medical research to establish a cause-and-effect relationship between a medical treatment and a health outcome.
But recently, economists have been using them, when possible, to test the effectiveness of policies and interventions like emergency financial assistance which many worried didn't work to prevent homelessness.
"There really was not a rigorous response to that concern," said James Sullivan, University of Notre Dame professor of economics and co-founder of the Wilson Sheehan Lab for Economic Opportunities, which aims to help the most vulnerable with its work. "This really addresses that concern head on."
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