ERIC Number: EJ1454424
Record Type: Journal
Publication Date: 2022
Pages: 28
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-2377-8253
EISSN: EISSN-2377-8261
Available Date: N/A
Rural Kids and Wealth
Lisa A. Keister; James W. Moody; Tom Wolff
RSF: The Russell Sage Foundation Journal of the Social Sciences, v8 n4 p155-182 2022
Wealth ownership is a critical component of economic well-being, and wealth in early adulthood provides important clues about the trajectories along which individuals move throughout their lives. Using data from the National Longitudinal Study of Adolescent Health (Add Health), we find an association between growing up rural and adult wealth that varies across the components of wealth. We also find that growing up rural has unique implications for young adult wealth ownership that differ from growing up in other geographic regions, particularly in urban areas. Our results highlight an important outcome that is conditioned by growing up rural and underscores the importance of context for understanding how families save and accumulate wealth.
Descriptors: Rural Areas, Money Management, Urban Areas, Rural Urban Differences, Geographic Regions, Fiscal Capacity, Educational Attainment, Social Networks, Employment Opportunities, Income, Place of Residence, Individual Characteristics, Racial Differences, Ethnicity, Adolescent Development, Adolescents, Young Adults
Russell Sage Foundation. 112 East 64th Street, New York, NY 10065. Tel: 212-750-6000; e-mail: journal@rsage.org; Web site: www.rsfjournal.org/
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) (DHHS/NIH); National Institute on Aging (NIA) (DHHS/NIH)
Authoring Institution: N/A
Identifiers - Assessments and Surveys: National Longitudinal Study of Adolescent Health
Grant or Contract Numbers: 2R25HD07935206; U01AG071448; U01AG071450; P01HD31921
Author Affiliations: N/A