Human Capital, Social Support, and Economic Well-being among Rural, Low-income Mothers: A Latent Growth Curve Analysis
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- Simmons, L.A., Braun, B., Wright, D.W. et al. J Fam Econ Iss (2007) 28: 635. doi:10.1007/s10834-007-9079-2
The purpose of this study was to better understand human capital and social support in the long-term economic well-being of rural, low-income mothers in the US. Three waves of data from a multi-state, longitudinal investigation tracking the well-being of rural families, known as “Rural Families Speak,” were used to test two latent growth curve models of economic well-being. Results indicated that human capital alone is not a good predictor of economic well-being over time for this sample. A model of economic well-being that includes both social support and human capital provides a better fit for these data. Findings suggest that social support is a key contributor to long-term economic success for this sample. Implications for public policy are presented.