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Policy lessons from children's allowances for children's savings accounts
1Center for Social Development, George Warren Brown School of Social Work, Washington University, St. Louis, MO 63130, USA.
Abstract:
This article examines the history and current structure of children's allowances around the world as well as the history of such allowances in the United States in an effort to provide the United States with a policy framework for children's savings accounts. The authors also provide policy direction for children's savings accounts.