Research Report How Much Could Policy Changes Reduce Poverty in New York City?
Linda Giannarelli, Laura Wheaton, Joyce Morton
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A combination of policies would reduce the poverty rate of New York City residents from 21.4 percent to 6.7 percent, according to an analysis for three NYC non-profits. The project used the TRIM3 microsimulation model and NYC data from the American Community Survey to analyze the potential effects of seven policies: transitional jobs (TJ), earnings supplements, a higher minimum wage, increased benefits from SNAP (food stamps), more housing vouchers, guaranteed child care subsidies, and a tax credit for seniors and people with disabilities. The TJ policy had the biggest individual impact, reducing poverty from 21.4 to 15.9 percent.

Research Areas Social safety net
Tags Poverty
Policy Centers Income and Benefits Policy Center
Research Methods ATTIS Microsimulation Model
States New York
Cities New York-Newark-Jersey City, NY-NJ-PA