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dc.contributor.authorFriedline, Terri L.
dc.contributor.authorElliott, William
dc.contributor.authorNam, Ilsung
dc.date.accessioned2015-04-27T17:13:51Z
dc.date.available2015-04-27T17:13:51Z
dc.date.issued2011-01-01
dc.identifier.citationFriedline, Terri L.; Elliott, William; Nam, Ilsung. (2011). "Predicting Savings From Adolescence to Young Adulthood: A Propensity Score Approach." Journal of the Society for Social Work and Research, 2(1):1-22. http://www.jstor.org/stable/10.5243.en_US
dc.identifier.urihttp://hdl.handle.net/1808/17530
dc.descriptionThis is the publisher's version, also available electronically from http://www.jstor.org/.en_US
dc.description.abstractThis paper examines the progression of savings between adolescence and young adulthood. Using data from the Panel Study of Income Dynamics, we ask whether the likelihood of having a savings account in young adulthood and the amount of savings can be significantly predicted by two factors: having a savings account during adolescence and having parents who own assets. Descriptive statistics reveal that adolescents with savings accounts are more often White, employed, and live in households in which the head is married, has more education, and owns assets. Propensity score analyses confirm that young adults are more likely to have a savings account when they have a savings account as adolescents. Some evidence suggests that adolescents whose parents have savings on their behalf and have higher net worth are more likely to have higher amounts of savings as young adults. Findings suggest that parents play an important role in modeling saving habits for adolescents. Further, our findings suggest that having a savings account in adolescence leads to an increased likelihood of having a savings account in young adulthood; however, this finding requires confirmation in future research.en_US
dc.publisherUniversity of Chicago Pressen_US
dc.relation.isversionofhttp://www.jstor.org/stable/10.5243en_US
dc.subjectsavingsen_US
dc.subjectassetsen_US
dc.subjectadolescenceen_US
dc.subjectyoung adultsen_US
dc.subjectChild Development Accounts (CDAs)en_US
dc.subjectPanel Study of Income Dynamics (PSID)en_US
dc.titlePredicting Savings From Adolescence to Young Adulthood: A Propensity Score Approachen_US
dc.typeArticle
kusw.kuauthorElliott, William
kusw.kudepartmentSocial Welfareen_US
kusw.oaversionScholarly/refereed, publisher version
kusw.oapolicyThis item meets KU Open Access policy criteria.
dc.rights.accessrightsopenAccess


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