The Economic Costs of Childhood Poverty in the US

This paper estimates the cost of childhood poverty in the US, totaling around $500 billion per year, or 4% of GDP. Specifically, they estimate that childhood poverty reduces productivity and output by 1.3% of GDP, raises the costs of crime by 1.3% of GDP, and raises health expenditures by 1.2% of GDP.

2008

Academic Paper

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