Against today's global backdrop where financial responsibility has been transferred from the government to individuals, financial literacy, as a key component of financial capacity, could be an effective strategy to escape from lifecourse poverty. Compared with young adults, research demonstrates that financial literacy among adolescents is of…

Migrant youth are widely considered to engage in more delinquency than their local counterparts because they experience more strains, but few studies have empirically examined the delinquency of migrant adolescents in China. This study applied data of 496 local and 667 migrant adolescents in Shenzhen, China, and examined the effect of migrant…

Using data from the Survey of Adults and Youth, the authors examine the effect of economic status on youths' involvement in both school- and nonschool-related extracurricular activities. Specifically, they assess the association between four alternative measures of economic status--recipiency of food stamps, Aid to Families with Dependent…