Diane Whitmore Schanzenbach
Childhood poverty in the US is estimated to cost $500 billion per year, or 4% of GDP.
Childhood poverty in the US is estimated to reduce productivity and output by an amount equal to 1.3% of GDP.
Childhood poverty is estimated to raise the costs of crime by 1.3% of GDP.
Childhood poverty is estimated to raise health expenditure by 1.2% of GDP.
The Economic Costs of Childhood Poverty in the US
Social Costs of Poverty