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