Investment, Saving, and Borrowing for Children: Trends by Wealth, Race, and Ethnicity, 1998–2016

This article examines the link between wealth inequality and families’ financial investment, saving, and borrowing for the sake of children. Using the 1998–2016 Survey of Consumer Finances data, we show that American families have increasingly engaged in financially more intensive parenting but that...

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Bibliographic Details
Main Authors: Nina Bandelj, Angelina Grigoryeva
Format: Article
Language:English
Published: Russell Sage Foundation 2021-08-01
Series:RSF: The Russell Sage Foundation Journal of the Social Sciences
Subjects:
Online Access:https://www.rsfjournal.org/content/7/3/50