Skip to main content

Abstract

Family economic well-being refers to a family economic status that has sustainably adequate economic resources to live a comfortable life. This chapter first proposes a conceptual framework to describe family economic well-being. Then it reviews relevant research on objective and subjective measures of family economic well-being such as family income, expenditure, debt, asset, and financial satisfaction. Directions for future research are suggested at the end of the chapter.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

eBook
USD 16.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Similar content being viewed by others

References

  • About the law. (2010). Retrieved November 21, 2010, from http://www.healthcare.gov/law/about/index.html

  • Acemoglu, D. (2002). Technical change, inequality, and the labor market. Journal of Economic Literature, 40(1), 7–72.

    Google Scholar 

  • Adams, T., & Moore, M. (2007). High-risk health and credit behavior among 18- to 25-year-old college students. Journal of American College Health, 56, 101–108.

    Google Scholar 

  • Agarwal, S., Ambrose, B., & Chomsisengphet, S. (2008). Determinants of automobile loan default and prepayment. Economic Perspectives, 32(3), 17–28.

    Google Scholar 

  • Aizcorbe, A. M., Kennickell, A. B., & Moore, K. B. (2003, January). Recent changes in U.S. family finances: Evidence from the 1998 and 2001 survey of consumer finances. Federal Reserve Bulletin, 1–32.

    Google Scholar 

  • Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50(2), 179–211.

    Google Scholar 

  • Ajzen, I., & Fishbein, M. (1980). Understanding attitudes and predicting social behavior. Englewood Cliffs, NJ: Prentice-Hall.

    Google Scholar 

  • American Bankruptcy Institute. (2010a). Bankruptcy statistics. Retrieved May 20, 2010, from http://www.abiworld.org/Content/NavigationMenu/NewsRoom/BankruptcyStatistics/Bankruptcy_Filings_1.htm

  • American Bankruptcy Institute. (2010b). Total bankruptcy filings up 11 percent through first nine months of 2010 while business filings decrease. News release. Retrieved November 22, 2010, from http://www.abiworld.org/AM/Template.cfm?Section=Home&TEMPLATE=/CM/ContentDisplay.cfm&CONTENTID=62410

  • Ameriks, J. (2000). Using retirement planning software to assess Americans’ preparedness for retirement: An update. Benefits Quarterly (Fourth Quarter), 37–51.

    Google Scholar 

  • Ameriks, J. (2001). Assessing retirement preparedness with planning software: 1998 update. Benefit Quarterly (Fourth Quarter), 44–53.

    Google Scholar 

  • Ameriks, J., & Zeldes, S. P. (2004). How do household portfolio shares vary with age? Working paper, Columbia University, New York.

    Google Scholar 

  • Anand, S., & Segal, P. (2008). What do we know about global income inequality? Journal of Economic Literature, 46(1), 57–94.

    Google Scholar 

  • Ando, A., & Modigliani, F. (1963). The life cycle hypothesis of saving: Aggregate implications and tests. The American Economic Review, 53(3), 55–84.

    Google Scholar 

  • Angeletos, G., Laibson, D., Repetto, A., Tobacman, J., & Weinberg, S. (2001). The hyperbolic consumption model: Calibration, simulation, and empirical evaluation. The Journal of Economic Perspectives, 15(3), 47–68.

    Google Scholar 

  • Arthaud-Day, M. L., & Near, J. P. (2005). The wealth of nations and the happiness of nations: Why “accounting” matters. Social Indicators Research, 74, 511–548.

    Google Scholar 

  • Attanasio, O., Goldberg, P., & Kyriazidou, E. (2008). Credit constraints in the market for consumer durables: Evidence from micro data on car loans. International Economic Review, 49(2), 401–436.

    Google Scholar 

  • Ausubel, L. M. (1991). Failure of competition in the credit card market. The American Economic Review, 81(1), 50–81.

    Google Scholar 

  • Ausubel, L. M. (1997). Credit card defaults, credit card profits, and bankruptcy. American Bankruptcy Law Journal, 71, 249–270.

    Google Scholar 

  • Ausubel, L. M. (1999). Adverse selection in credit card market. Working paper, University of Maryland, College Park, MD.

    Google Scholar 

  • Autor, D., Katz, L., & Kearney, M. (2008). Trends in U.S. wage inequality: Revising the revisionists. The Review of Economics and Statistics, 90(2), 300–323.

    Google Scholar 

  • Baek, E., & Hong, G. (2004). Effects of family life-cycle stages on consumer debts. Journal of Family and Economic Issues, 25(3), 359–385.

    Google Scholar 

  • Barro, R. J. (1974). Are government bonds net wealth? Journal of Political Economy, 82(11/12), 1095–1117.

    Google Scholar 

  • Becker, G. S., & Tomes, N. (1986). Human capital and the rise and fall of families. Journal of Labor Economics, 4(3), S1–S39.

    Google Scholar 

  • Beenstock, M. (2008). Deconstructing the sibling correlation: How families increase inequality. Journal of Family and Economic Issues, 29(3), 325–345.

    Google Scholar 

  • Belsky, E., Retsinas, N., & Duda, M. (2005, September). The financial returns to low-income home ownership. Joint Center for Housing Studies working paper W05-9, Harvard University, Cambridge, MA.

    Google Scholar 

  • Benartzi, S. (2001). Excessive extrapolation and the allocation of 401(k) accounts to company stock? Journal of Finance, 56(5), 1747–1764.

    Google Scholar 

  • Benartzi, S., & Thaler, R. H. (2001). Naive diversification strategies in retirement saving plans. The American Economic Review, 91(1), 79–98.

    Google Scholar 

  • Ben-Ishai, S. (2006). Government student loans, government debts and bankruptcy: A comparative study. Canadian Business Law Journal, 44(2), 211–244.

    Google Scholar 

  • Berk, M. L., & Monheit, A. C. (2001). The concentration of health care expenditures, revisited. Health Affairs, 20(2), 9–18.

    Google Scholar 

  • Berry, C. (2004, February). To bank or not to bank? A survey of low-income households. Joint Center for Housing Studies working paper BABC 04-3, Harvard University, Cambridge, MA.

    Google Scholar 

  • Bhargava, V., & Lown, J. M. (2006). Preparedness for financial emergencies: Evidence from the Survey of Consumer Finances. Financial Counseling and Planning, 17(2), 17–26.

    Google Scholar 

  • Bi, L., & Montalto, C. P. (2004). Emergency funds and alternative forms of saving. Financial Services Review, 13(2), 93–109.

    Google Scholar 

  • Birch, E. R., & Miller, P. W. (2008). The impact of income-contingent provisions on students’ loan-taking behaviour. Journal of Economic Studies, 35(1), 4–25.

    Google Scholar 

  • Bird, E. J., Hagstrom, P. A., & Wild, R. (1999). Credit card debts of the poor: High and rising. Journal of Policy Analysis and Management, 18(1), 125–133.

    Google Scholar 

  • Blank, R. (2002). Evaluating welfare reform in the United States. Journal of Economic Literature, 40, 1105–1166.

    Google Scholar 

  • Bourguignon, F., & Morrisson, C. (2002). Inequality among world citizens: 1820-1992. The American Economic Review, 92(4), 727–744.

    Google Scholar 

  • Bowles, S., & Gintis, H. (2002). The inheritance of inequality. The Journal of Economic Perspectives, 16(3), 3–30.

    Google Scholar 

  • Bowles, S., Gintis, H., & Osborne, M. (2001). The determinants of earnings: A behavioural approach. Journal of Economic Literature, 39(4), 1137–1176.

    Google Scholar 

  • Bowling, A., & Windsor, J. (2001). Towards the good life: A population survey of dimensions of quality of life. Journal of Happiness Studies, 2, 55–81.

    Google Scholar 

  • Bram, J., & Ludvigson, S. C. (1998). Does consumer confidence forecast household expenditure? A sentiment index horse race. Federal Reserve Bank of New York: Economic Policy Review, 4(2), 59–78.

    Google Scholar 

  • Brown, J. R., Liang, N., & Weisbenner, S. (2007). Individual account investment options and portfolio choice: Behavioral lessons from 401(k) plans. Journal of Public Economics, 91(10), 1992–2013.

    Google Scholar 

  • Browning, M., & Lusardi, A. (1996). Household saving: Micro theories and micro facts. Journal of Economic Literature, 34(12), 1797–1855.

    Google Scholar 

  • Bucks, B., Kennickell, A., Mach, T., & Moore, K. (2009). Changes in U.S. family finances from 2004 to 2007: Evidence from the Survey of Consumer Finances. Federal Reserve Bulletin, 95, A1–A55.

    Google Scholar 

  • Bucks, B. K., Kennickell, A. B., & Moore, K. B. (2006). Recent changes in U.S. family finances: Evidence from the 2001 and 2004 Survey of Consumer Finances. Federal Reserve Bulletin, A1–A38.

    Google Scholar 

  • Bucks, B. K., & Pence, K. M. (2008). Do borrowers know their mortgage terms? Journal of Urban Economics, 64, 218–233.

    Google Scholar 

  • Butrica, B. A., Iams, H. M., & Smith, K. E. (2003). It’s all relative: Understanding the retirement prospects of baby-boomers. Center for Retirement Research at Boston College, WRP 2003-21.

    Google Scholar 

  • Cai, Y., Alviola, P., Nayga, R., & Wu, X. (2008). The effect of food-away-from-home and food-at-home expenditures on obesity rates: A state-level analysis. Journal of Agricultural and Applied Economics, 40(2), 507–521.

    Google Scholar 

  • Campbell, J. Y. (2006). Household finance. Journal of Finance, 61, 1553–1604.

    Google Scholar 

  • Campbell, J., & Cocco, J. (2003). Household risk management and optimal mortgage choice. Quarterly Journal of Economics, 118, 1449–1494.

    Google Scholar 

  • Campbell, J. Y., Giglio, S., & Pathak, P. (2009). Forced sales and house prices. National Bureau of Economic Research working paper 14866.

    Google Scholar 

  • Campbell, J., Jackson, H., Madrian, B., & Tufano, P. (2010). The regulation of consumer financial products: An introductory essay with four case studies. Working paper, Harvard University, Cambridge, MA.

    Google Scholar 

  • Canner, G. B., & Luckett, C. A. (1990). Consumer debt repayment woes: Insights from a household survey. Journal of Retail Banking, 12(1), 55–62.

    Google Scholar 

  • Canova, L., Rattazzi, A. M. M., & Webley, P. (2005). The hierarchical structure of saving motives. Journal of Economic Psychology, 26(2), 21–34.

    Google Scholar 

  • Carrell, S., & Zinman, J. (2008). In harm’s way? Payday loan access and military personnel performance. Working paper, Dartmouth College, Hanover, NH.

    Google Scholar 

  • Carroll, C. D. (1997). Buffer-stock saving and the life cycle/permanent income hypothesis. Quarterly Journal of Economics, 112(2), 1–55.

    Google Scholar 

  • Carroll, C. D. (2001). A theory of the consumption function, with and without liquidity constraints. The Journal of Economic Perspectives, 15(3), 23–45.

    Google Scholar 

  • Carroll, G. D., Choi, J. J., Laibson, D., Metrick, A., & Madrian, B. C. (2009). Optimal defaults and active decisions. Quarterly Journal of Economics, 124(4), 1639–1674.

    Google Scholar 

  • Carroll, C. D., Fuhrer, J. C., & Wilcox, D. W. (1994). Does consumer sentiment forecast household spending? If so, why? The American Economic Review, 84(5), 1397–1408.

    Google Scholar 

  • Carver, A. (2007). The market failure for student loans. Journal of Private Enterprise, 23(1), 101–115.

    Google Scholar 

  • Case, A., Lin, I., & McLanahan, S. (2000). How hungry is the selfish gene? The Economic Journal, 110, 781–804.

    Google Scholar 

  • Case, A., & Paxson, C. (2001). Mothers and others: Who invests in children’s health? Journal of Health Economics, 20, 301–328.

    Google Scholar 

  • Center for Responsible Lending. (2009). Congress should cap interest rates. CRL Research Brief. Durham, NC: Author.

    Google Scholar 

  • Chang, M. (2010). Lifting as we climb: Women of color, wealth, and America’s future (Racial Wealth Divide Monograph). Oakland, CA: Insight Center for Community and Economic Development.

    Google Scholar 

  • Chang, Y. R., Hanna, S., & Fan, J. X. (1997). Emergency fund levels: Is household behavior rational. Financial Counseling and Planning, 8(1), 47–55.

    Google Scholar 

  • Chang, Y. R., & Huston, S. J. (1995). Patterns of adequate household emergency fund holdings: A comparison of households in 1983 and 1986. Financial Counseling and Planning, 6, 119–128.

    Google Scholar 

  • Chien, Y., & DeVaney, S. A. (2001). The effects of credit attitude and socioeconomic factors on credit card and installment debt. Journal of Consumer Affairs, 35(1), 162–179.

    Google Scholar 

  • Choi, J. J., Laibson, D., & Madrian, B. C. (2005). Are empowerment and education enough? Underdiversification in 401(k) plans. Brookings Papers on Economic Activity, 2005(2), 151–198.

    Google Scholar 

  • Choi, J. J., Laibson, D., Madrian, B. C., & Metrick, A. (2004a). For better or for worse: Default effects and 401(k) savings behavior. In D. A. Wise (Ed.), Perspectives in the economics of aging. Chicago: University of Chicago Press.

    Google Scholar 

  • Choi, J. J., Laibson, D., Madrian, B. C., & Metrick, A. (2004b). Employees’ investment decisions about company stock. In O. S. Mitchell & S. P. Utkus (Eds.), Pension design and structure: New lessons from behavioral finance (pp. 121–136). New York: Oxford University Press.

    Google Scholar 

  • Choi, J. J., Laibson, D., Madrian, B. C., & Metrick, A. (2009). Reinforcement learning and savings behavior. Journal of Finance, 44(6), 2515–2534.

    Google Scholar 

  • Chung-Hevener, C. (2006). Alternative financial vehicles: Rotating Savings and Credit Associations (ROSCAS). Working paper, Community Development Division of the Federal Reserve Bank of Philadelphia. Retrieved November 29, 2010, from http://www.philadelphiafed.org/community-development/publications/discussion-papers/discussionpaper-ROSCAs.pdf

  • Cigno, A., & Luporini, A. (2009). Scholarships or student loans? Subsidizing higher education in the presence of moral hazard. Journal of Public Economic Theory, 11(1), 55–87.

    Google Scholar 

  • Clark, A., Frijters, P., & Shields, M. (2008). Relative income, happiness, and utility: An explanation for the Easterlin paradox and other puzzles. Journal of Economic Literature, 46(1), 95–144.

    Google Scholar 

  • Cook, B., & Manning, W. (2009). Measuring racial/ethnic disparities across the distribution of health care expenditures. Health Services Research, 44(5 Pt 1), 1603–1621.

    Google Scholar 

  • Creech, B. (2008). Spending on telephone service. In U.S. Bureau of Labor Statistics (Ed.), Consumer Expenditure Survey Anthology, 2008 (Report 1009) (pp. 74–77). Washington, DC: U.S. Bureau of Labor Statistics.

    Google Scholar 

  • Dale, L., & Bevill, S. (2007). An analysis of the current status of student debt: Implications for helping vulnerable students manage debt. Academy of Educational Leadership Journal, 11(2), 121–127.

    Google Scholar 

  • DeLeire, T., & Kalil, A. (2005). How do cohabiting couples with children spend their money? Journal of Marriage and the Family, 67, 286–295.

    Google Scholar 

  • Demos and Center for Responsible Lending. (2005). The plastic safety net: The reality behind debt in America—Findings from a national household survey of credit card debt among low- and middle-income households. New York: Authors.

    Google Scholar 

  • DeNavas-Walt, C., Proctor, B. D., & Smith, J. C. (2010). Income, poverty, and health insurance coverage in the United States: 2009. U.S. Census Bureau, Current Population Reports, P60-238. Washington, DC: U.S. Government Printing Office.

    Google Scholar 

  • DeVaney, S. A., Anong, S. T., & Whirl, S. E. (2007). Household savings motives. Journal of Consumer Affairs, 41(Summer), 174–186.

    Google Scholar 

  • Dew, J. (2008). Debt change and marital satisfaction change in recently married couples. Family Relations, 57, 60–71.

    Google Scholar 

  • Di Tella, R., & MacCulloch, R. (2006). Some uses of happiness data in economics. The Journal of Economic Perspectives, 20(1), 25–46.

    Google Scholar 

  • Diener, E., & Biswas-Diener, R. (2002). Will money increase subjective well-being? Social Indicators Research, 57(2), 119–169.

    Google Scholar 

  • DiMaggio, P., & Bonikowski, B. (2008). Make money surfing the web? The impact of internet use on the earnings of U.S. workers. American Sociological Review, 73(2), 227–250.

    Google Scholar 

  • Dominitz, J., & Manski, C. F. (2004). How should we measure consumer confidence? The Journal of Economic Perspectives, 18(2), 51–66.

    Google Scholar 

  • Draut, T., & Silva, J. (2003). Borrowing to make ends meet: The growth of credit card debt in the 90’s. New York: Demos.

    Google Scholar 

  • Duetsch, M. (2008). Out-of-pocket health care spending patterns of older Americans, as measured by the Consumer Expenditure Survey. In U.S. Bureau of Labor Statistics (Ed.), Consumer Expenditure Survey Anthology, 2008 (Report 1009) (pp. 46–51). Washington, DC: U.S. Bureau of Labor Statistics.

    Google Scholar 

  • Duncan, G. J., & Dunifon, R. (1998). Soft-skills and long-run market success. Research in Labor Economics, 17, 123–150.

    Google Scholar 

  • Dynan, K. (2009). Changing household financial opportunities and economic security. The Journal of Economic Perspectives, 23(4), 49–68.

    Google Scholar 

  • Dynan, K. E., & Kohn, D. L. (2007). The rise in U.S. household indebtedness: Causes and consequences. In C. Kent & J. Lawson (Eds.), The structure and the resilience of the financial system: Proceedings of a conference (pp. 84–113). Sydney: Reserve Bank of Australia.

    Google Scholar 

  • Elliehausen, G. (2009). An analysis of consumers’ use of payday loans (Financial Services Research Program, Monograph no. 41). Washington, DC: George Washington University.

    Google Scholar 

  • Ellis, D. (1998). The effect of consumer interest rate deregulation on credit card volumes, charge-offs and personal bankruptcy rates. Bank Trends, 98-05, 1–11.

    Google Scholar 

  • Erikson, R., & Goldthorpe, J. H. (2002). Intergenerational inequality: A sociological perspective. The Journal of Economic Perspectives, 16(3), 31–44.

    Google Scholar 

  • Fan, J. X., & Lewis, J. K. (1999). Budget allocation patterns of African Americans. Journal of Consumer Affairs, 33(1), 134–164.

    Google Scholar 

  • Fan, J. X., & Zick, C. D. (2004). The economic burden of health care, funeral, and burial expenditures at the end of life. Journal of Consumer Affairs, 38(1), 35–55.

    Google Scholar 

  • Fan, J. X., & Zuiker, V. S. (1998). A comparison of household budget allocation patterns between Hispanic Americans and non-Hispanic White Americans. Journal of Family and Economic Issues, 19(2), 151–174.

    Google Scholar 

  • Ferdous, N., Pinjari, A., Bhat, C., & Pendyala, R. (2010). A comprehensive analysis of household transportation expenditures relative to other goods and services: An application to United States consumer expenditure data. Transportation, 37(3), 363–390.

    Google Scholar 

  • Fernádez-Villaverde, J., & Krueger, D. (2007). Consumption over the life cycle: Facts from Consumer Expenditure Survey data. The Review of Economics and Statistics, 89(3), 552–565.

    Google Scholar 

  • Fox, J. J., & Bartholomae, S. (2008). Financial education and program evaluation. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 47–68). New York: Springer.

    Google Scholar 

  • Frey, B. S., & Stutzer, A. (2002). What can economists learn from happiness research? Journal of Economic Literature, 40(2), 402–435.

    Google Scholar 

  • Fukuda, K. (2010). A cohort analysis of household vehicle expenditure in the U.S. and Japan: A possibility of generational marketing. Marketing Letters, 21(1), 53–64.

    Google Scholar 

  • Gabaix, X., & Laibson, D. (2006). Shrouded attributes, consumer myopia, and information suppression in competitive markets. Quarterly Journal of Economics, 121(2), 505–540.

    Google Scholar 

  • Garasky, S., Fletcher, C. N., & Jensen, H. H. (2006). Transiting to work: The role of private transportation for low-income households. Journal of Consumer Affairs, 40(1), 64–89.

    Google Scholar 

  • Garasky, S., Nielsen, R. B., & Fletcher, C. N. (2008). Consumer finances of low-income families. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 223–238). New York: Springer.

    Google Scholar 

  • Garcia, J. (2009). Preliminary findings from Demos’ low-to-middle income household survey, 2008. Demos fact sheet: Credit card debt. Retrieved November 30, 2010, from http://www.demos.org/pubs/ccdebt_factsheet.pdf

  • Godwin, D. D. (1996). Newlywed couples’ debt portfolios: Are all debts created equally? Financial Counseling and Planning, 7, 57–69.

    Google Scholar 

  • Gottschalk, P. (1997). Inequality, income growth, and mobility: The basic facts. The Journal of Economic Perspectives, 11(2), 21–40.

    Google Scholar 

  • Gottschalk, P., & Danziger, S. (2005). Inequality of wage rates, earnings and family income in the United States, 1975-2002. The Review of Income and Wealth, 51(2), 231–254.

    Google Scholar 

  • Gottschalk, P., & Moffitt, R. (2009). The rising instability of U.S. earnings. The Journal of Economic Perspectives, 23(4), 3–24.

    Google Scholar 

  • Grable, J. E., & Joo, S. (2006). Student racial differences in credit card debt and financial behaviors and stress. College Student Journal, 40(2), 400–408.

    Google Scholar 

  • Graves, S. (2003). Landscapes of predation, landscapes of neglect: A location analysis of payday lender and banks. The Professional Geographer, 55, 303–317.

    Google Scholar 

  • Grawe, N. D., & Mulligan, C. B. (2002). Economic interpretations of intergenerational correlations. The Journal of Economic Perspectives, 16(3), 45–58.

    Google Scholar 

  • Green, R. K., & Wachter, S. M. (2005). The American mortgage in historical and international context. The Journal of Economic Perspectives, 19(4), 93–114.

    Google Scholar 

  • Greenberg, M., & Patel, N. (2006). Coordinating Individual Development Accounts and the Workforce Investment Act to increase access to postsecondary education and training (Policy Rep. 06–09). St. Louis, MO: Washington University, Center for Social Development.

    Google Scholar 

  • Griffith, R., Leibtag, E., Leicester, A., & Nevo, A. (2009). Consumer shopping behavior: How much do consumers save? The Journal of Economic Perspectives, 23(2), 99–120.

    Google Scholar 

  • Gruber, J., & Levy, H. (2009). The evolution of medical spending risk. The Journal of Economic Perspectives, 23(4), 25–48.

    Google Scholar 

  • Guo, L., Xiao, J. J., & Tang, C. (2009). Understanding the psychological process underlying customer satisfaction and retention in a relational service. Journal of Business Research, 62, 1152–1159.

    Google Scholar 

  • Han, C., & Sherraden, M. (2009). Attitudes and saving in individual development accounts: Latent class analyses. Journal of Family and Economic Issues, 30, 226–236.

    Google Scholar 

  • Hanna, S. D., & Chen, S. C. (2008). Retirement savings. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 35–46). New York: Springer.

    Google Scholar 

  • Hanna, S., Garman, E. T., & Yao, R. (2003). Projected retirement adequacy of workers age 50 to 61: Changes between 1998 and 2001. Profit Sharing, 1–40.

    Google Scholar 

  • Harness, N., Chatterjee, S., & Finke, M. (2008). Household financial ratios: A review of literature. Journal of Personal Finance, 6(4), 77–97.

    Google Scholar 

  • Hatton, T., & Leigh, A. (2009). Immigrants assimilate as communities, not just as individuals. Journal of Population Economics (Online First). doi:10.1007/s00148-009-0277-0.

  • Haultain, S., Kemp, S., & Chernyshenko, O. (2010). The structure of attitudes to student debt. Journal of Economic Psychology, 31(3), 322–330.

    Google Scholar 

  • Hayhoe, C. R., Leach, L., & Turner, P. R. (1999). Discriminating the number of credit cards held by college students using credit and money attitudes. Journal of Economic Psychology, 20, 643–656.

    Google Scholar 

  • Hayhoe, C. R., Leach, L. J., Turner, P. R., Bruin, M. J., & Lawrence, F. C. (2000). Differences in spending habits and credit card use of college students. Journal of Consumer Affairs, 34(1), 113–133.

    Google Scholar 

  • Heitfield, E., & Sabarwal, T. (2004). What drives default and prepayment on subprime auto loans? The Journal of Real Estate Finance and Economics, 29(4), 457–477.

    Google Scholar 

  • Hilgert, M. A., Hogarth, J. M., & Beverly, S. G. (2003). Household financial management: The connection between knowledge and behavior. Federal Reserve Bulletin, 89(7), 309–322.

    Google Scholar 

  • Himmelberg, C., Mayer, C., & Sinai, T. (2005). Assessing high house prices: Bubbles, fundamentals and misperceptions. The Journal of Economic Perspectives, 19(4), 67–92.

    Google Scholar 

  • Holmes, J., Isham, J., Petersen, R., & Sommers, P. M. (2007). Does relationship lending still matter in the consumer banking sector? Evidence from the automobile loan market. Social Science Quarterly, 88(2), 585–597.

    Google Scholar 

  • Hong, G. S., & Kao, Y. E. (1997). Emergency fund adequacy of Asian Americans. Journal of Family and Economic Issues, 18(2), 127–145.

    Google Scholar 

  • Hong, G.-S., & Kim, S. Y. (2000). Out-of-pocket health care expenditure patterns and financial burden across the life cycle stages. Journal of Consumer Affairs, 34(2), 291–313.

    Google Scholar 

  • Hong, G. S., & Swanson, P. M. (1995). Comparison of financial well-being of older women: 1977 and 1989. Financial Counseling and Planning, 6, 129–138.

    Google Scholar 

  • Hoxby, C. (2009). The changing selectivity of American colleges. The Journal of Economic Perspectives, 23(4), 95–118.

    Google Scholar 

  • Hsieh, C.-M. (2004). Income and financial satisfaction among older adults in the United States. Social Indicators Research, 66, 249–266.

    Google Scholar 

  • Huston, S. J., & Chang, Y. R. (1997). Adequate emergency fund holdings and household type. Financial Counseling and Planning, 8(1), 37–46.

    Google Scholar 

  • Immergluck, D. (2004). Hyper-segmentation and exclusion in financial services in the U.S.: The effects on low-income and minority neighborhoods. The Social Policy Journal, 3(3), 25–44.

    Google Scholar 

  • Ionescu, F. (2008). Consolidation of student loan repayments and default incentives. The B.E. Journal of Macroeconomics, 8(1), Article 22. doi:10.2202/1935-1690.1682.

  • Ionescu, F. (2009). The Federal Student Loan Program: Quantitative implications for college enrollment and default rates. Review of Economic Dynamics, 12(1), 205–231.

    Google Scholar 

  • Johnson, K. W. (2005). Recent development in the credit card market and the financial obligations ration. Federal Reserve Bulletin (Autumn), 473–486.

    Google Scholar 

  • Johnson, K. W., & Li, G. (2007). Do high debt payments hinder household consumption smoothing? (Finance and economics discussion series). Washington, DC: Federal Reserve Board.

    Google Scholar 

  • Johnson, D. P., & Widdows, R. (1985). Emergency fund levels of households. In Proceedings of the American Council on consumer interests 31th annual conference (pp. 235–241). Columbia, MO: American Council on Consumer Interests.

    Google Scholar 

  • Joo, S. (2008). Personal financial wellness. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 21–34). New York: Springer.

    Google Scholar 

  • Joo, S., & Grable, J. E. (2006). Using predicted perceived emergency fund adequacy to segment prospective financial consulting clients. Financial Services Review, 15(4), 297–313.

    Google Scholar 

  • Joo, S. H., Grable, J. E., & Bagwell, D. C. (2003). Credit card attitudes and behaviors of college students. College Student Journal, 37(3), 405–419.

    Google Scholar 

  • Kahneman, D., & Krueger, A. B. (2006). Developments in the measurement of subjective well-being. The Journal of Economic Perspectives, 20(1), 3–24.

    Google Scholar 

  • Keynes, J. M. (1936). The general theory of employment, interest, and money. New York: Harcourt Brace.

    Google Scholar 

  • Khandani, A. E., Lo, A. W., & Merton, R. C. (2009). Systemic risk and the refinancing ratchet effect. National Bureau of Economic Research working paper 15362.

    Google Scholar 

  • Kim, C., & Sakamoto, A. (2008). The rise of intra-occupational wage inequality in the United States, 1983 to 2002. American Sociological Review, 73(1), 129–157.

    Google Scholar 

  • Kurz, M. (1984). Capital accumulation and the characteristics of private inter-generational transfers. Economica, 51(2), 1–22.

    Google Scholar 

  • Kuzma, A., Kuzma, J., & Thiewes, H. (2010). An examination of business students’ student loan debt and total debt. American Journal of Business Education, 3(4), 71–77.

    Google Scholar 

  • Laibson, D. I. (1997). Golden eggs and hyperbolic discounting. Quarterly Journal of Economics, 62(2), 443–478.

    Google Scholar 

  • Lander, D. A. (2008). Regulating consumer lending. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 387–410). New York: Springer.

    Google Scholar 

  • Lanfranco, B. A., Ames, G. C. W., & Huang, C. L. (2002). Food expenditure patterns of the Hispanic population in the United States. Agribusiness, 18(2), 197–211.

    Google Scholar 

  • Lawrence, E., & Elliehausen, G. (2008). A comparative analysis of payday loan customers. Contemporary Economic Policy, 26(2), 299–316.

    Google Scholar 

  • Lee, C., & Solon, G. (2009). Trends in intergenerational income mobility. The Review of Economics and Statistics, 91(4), 766–772.

    Google Scholar 

  • Li, W., & White, M. (2009). Mortgage default, foreclosure, and bankruptcy. SSRN working paper series.

    Google Scholar 

  • Lindamood, S., Hanna, S., & Bi, L. (2007). Using the Survey of Consumer Finances: Some methodological considerations and issues. Journal of Consumer Affairs, 41(2), 195–222.

    Google Scholar 

  • Lown, J. M. (2008). Consumer bankruptcy. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 363–374). New York: Springer.

    Google Scholar 

  • Ludvigson, S. C. (2004). Consumer confidence and consumer spending. The Journal of Economic Perspectives, 18(2), 29–50.

    Google Scholar 

  • Lyons, A. C. (2003). How credit access has changed over time for U.S. households. Journal of Consumer Affairs, 37(Winter), 231–255.

    Google Scholar 

  • Lyons, A. C. (2004). A profile of financially at-risk college students. Journal of Consumer Affairs, 38(1), 56–80.

    Google Scholar 

  • Lyons, A. C. (2008). Risky credit card behavior of college students. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 185–208). New York: Springer.

    Google Scholar 

  • Madrian, B. C., & Shea, D. (2001). The power of suggestion: Inertia in 401(k) participation and savings behavior. Quarterly Journal of Economics, 116(4), 1149–1187.

    Google Scholar 

  • Manning, R. D. (2000). Credit card nation: The consequences of America’s addition to credit. New York: Basic Books.

    Google Scholar 

  • Martin, M. A. (2006). Family structure and income inequality in families with children, 1976 to 2000. Demography, 43(3), 421–445.

    Google Scholar 

  • Mayer, C., Pence, K., & Sherlund, S. M. (2009). The rise in mortgage defaults. The Journal of Economic Perspectives, 23(1), 27–50.

    Google Scholar 

  • McCall, L., & Percheskie, C. (2010). Income inequality: New trends and research directions. Annual Review of Sociology, 36, 329–347.

    Google Scholar 

  • Melzer, B. T. (2009). The real costs of credit access: Evidence from the payday lending market. Working paper, Kellogg School of Management, Northwestern University, Evanston, IL.

    Google Scholar 

  • Miller, L. (2004). The option that is not an option: The invalidity of the partial discharge option for the student loan debtor. Wake Forest Law Review, 39(4), 1053–1078.

    Google Scholar 

  • Mitchell, O. S., Mottola, G., Utkus, S., & Yamaguchi, T. (2006). The inattentive participant: Trading behavior in 401(k) plans. Working paper, Pension Research Council, University of Pennsylvania, Philadelphia, PA.

    Google Scholar 

  • Modigliani, F. (1986). Life cycle, thrift, and the wealth of nations. The American Economic Review, 76, 297–313.

    Google Scholar 

  • Mohanty, S. A., Woolhandler, S., Himmelstein, D. U., Pati, S., Carrasquillo, O., & Bor, D. H. (2005). Health care expenditures of immigrants in the United States: A nationally representative analysis. American Journal of Public Health, 95(8), 1431–1438.

    Google Scholar 

  • Moore, J. F., & Mitchell, O. S. (1997). Projected retirement wealth and savings adequacy in the Health and Retirement Study. NBER working paper 6240.

    Google Scholar 

  • Mugenda, O. M., Hira, T. K., & Fanslow, A. M. (1990). Assessing the causal relationship among communication, money management practices, satisfaction with financial status, and satisfaction with quality of life. Lifestyles: Family and Economic Issues, 11(4), 343–360.

    Google Scholar 

  • Nelson, M. C., Lust, K., Story, M., & Ehlinger, E. (2008). Credit card debts, stress and key health risk behaviors among college students. American Journal of Health Promotion, 22(6), 400–412.

    Google Scholar 

  • O’Neill, B., & Xiao, J. J. (2003). Financial fitness quiz: A tool for analyzing financial behavior. Consumer Interest Annual, 49 njaes.rutgers.edu/money/ffquiz/ffq-research.pdf.

  • Ogden, D. T., Ogden, J. R., & Schau, H. J. (2004). Exploring the impact of culture and acculturation on consumer purchase decisions: Toward a microcultural perspective. Academy of Marketing Science Review, 2004(8), 1–22.

    Google Scholar 

  • Oladosu, G. (2003). An almost ideal demand system model of household vehicle fuel expenditure allocation in the United States. Energy Journal, 24(1), 1–21.

    Google Scholar 

  • Osborne, M. (2000). The power of personality: Labor market rewards and the transmission of earnings. Working paper, University of Massachusetts, Amherst, MA.

    Google Scholar 

  • Palmer, T. S., Pinto, M. B., & Parente, D. H. (2001). College students’ credit card debt and the role of parental involvement: Implications for public policy. Journal of Public Policy & Marketing, 20(1), 105–113.

    Google Scholar 

  • Paulin, G. (2008). Examining expenditure patterns of young, single adults in a historical context: Two recent generations compared. In U.S. Bureau of Labor Statistics (Ed.), Consumer Expenditure Survey Anthology, 2008 (Report 1009) (pp. 52–73). Washington, DC: U.S. Bureau of Labor Statistics.

    Google Scholar 

  • Paulin, G., & Lee, Y. (2002). Expenditures of single parents: How does gender figure in? Monthly Labor Review, 125, 16–37.

    Google Scholar 

  • Pavot, W., & Diener, E. (1993). Review of the satisfaction with life scale. Psychological Assessment, 5(2), 164–172.

    Google Scholar 

  • Perry, V. G. (2008). Acculturation, microculture, and banking: An analysis of Hispanic consumers in the U.S.A. Journal of Services Marketing, 22(6), 423–433.

    Google Scholar 

  • PEW Research Center. (2010). The return of the multi-generational family household: A social and demographic trends report. Washington, DC: Author.

    Google Scholar 

  • Pinto, M. B., Parente, D. H., & Palmer, T. S. (2000). Materialism and credit card use by college students. Psychological Reports, 86, 643–652.

    Google Scholar 

  • Pinto, M. B., Parente, D. H., & Palmer, T. S. (2001). College student performance and credit card usage. Journal of College Student Development, 42(1), 49–58.

    Google Scholar 

  • Pottow, J. A. E. (2006). The nondischargability of student loans in personal bankruptcy proceedings: The search for a theory. Canadian Business Law Journal, 44(2), 245–278.

    Google Scholar 

  • Praeger, R. (2009). Determinants of the location of payday lenders, pawnshops and check-cashing outlets. Finance and Economics Discussion Series, Division of Research & Statistics and Monetary Affairs, Federal Reserve Board, working paper no. 2009–33.

    Google Scholar 

  • Prochaska, J. O., DiClemente, C. C., & Norcross, J. C. (1992). In search of how people change: Applications to addictive behaviors. The American Psychologist, 47(9), 1102–1114.

    Google Scholar 

  • Quigley, J. M., & Raphael, S. (2004). Is housing unaffordable? Why isn’t it more affordable? The Journal of Economic Perspectives, 18(1), 191–214.

    Google Scholar 

  • Raper, K. C., Wanzala, M. N., & Nayaga, R. M., Jr. (2002). Food expenditures and household demographic composition in the US: A demand systems approach. Applied Economics, 34(8), 981–992.

    Google Scholar 

  • Regnier, P. (2010). The truth about health care reform. Money, 39(4), 70–80.

    Google Scholar 

  • Rhine, S. L. W., Greene, W. H., & Toussaint-Comeau, M. (2006). The importance of check-cashing businesses to the unbanked: Racial/ethnic differences. The Review of Economics and Statistics, 88(1), 146–157.

    Google Scholar 

  • Roberts, J. A. (1998). Compulsive buying among college students: An investigation of its antecedents, consequences, and implications for policy. Journal of Consumer Affairs, 32(2), 295–319.

    Google Scholar 

  • Roberts, J. A., & Jones, E. (2001). Money attitudes, credit card use, and compulsive buying among American college students. Journal of Consumer Affairs, 35(2), 213–240.

    Google Scholar 

  • Robles, B. (2007). Financial services and product usage by Latinos in the United States. Madison, WI: Filene Research Institute.

    Google Scholar 

  • Robles, B. (2009a). U.S. Latino families, heads of households, and the elderly: Emerging trends in financial services and asset-building behaviors. Madison, WI: Filene Research Institute.

    Google Scholar 

  • Robles, B. (2009b). A tax education and asset building campaign for low-income and limited-English worker populations: Lessons from four states, TY 2004-TY 2007. In Recent research on tax administration and compliance: Selected papers given at the 2009 IRS research conference (pp. 227–252). Retrieved June 27, 2010, from http://www.irs.gov/pub/irs-soi/09rescon.pdf

  • Rodriquez-Flores, A., & DeVaney, S. A. (2007). The effect of employment status on households’ emergency funds. Journal of Personal Finance, 5(4), 67–84.

    Google Scholar 

  • Scholz, J., Seshadri, A., & Khitatrakun, S. (2006). Are Americans saving “optimally” for retirement? Journal of Political Economy, 114, 607–643.

    Google Scholar 

  • Sharpe, D. L. (2008). Consumer financial issues in health care. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 319–336). New York: Springer.

    Google Scholar 

  • Sherraden, M. (1991). Assets and the poor: A new American welfare policy. Armonk, NY: M.E. Sharpe.

    Google Scholar 

  • Shiller, R. J. (2008). The subprime solution: How today’s global financial crisis happened, and what to do about it. Princeton, NJ: Princeton University Press.

    Google Scholar 

  • Shim, S., Xiao, J. J., Barber, B., & Lyons, A. (2009). Pathways to life success: A model of financial well-being for young adults. Journal of Applied Developmental Psychology, 30, 708–723.

    Google Scholar 

  • Shin, J., & Moon, S. (2007). Do HMO plans reduce health care expenditure in the private sector? Economic Inquiry, 45(1), 82–99.

    Google Scholar 

  • Sighieri, C., Desantis, G., & Tanturri, M. L. (2006). The richer, the happier? An empirical investigation in selected European countries. Social Indicators Research, 79, 455–476.

    Google Scholar 

  • Sirgy, M. J., Michalos, A. C., Ferriss, A. L., Easterlin, R. E., Patrick, D., & Pavot, W. (2006). The quality-of-life (QOL) research movement: Past, present, and future. Social Indicators Research, 76, 343–466.

    Google Scholar 

  • Solon, G. (2002). Cross-country differences in intergenerational earnings mobility. The Journal of Economic Perspectives, 16(3), 59–66.

    Google Scholar 

  • Souleles, N. S. (2004). Expectations, heterogeneous forecast errors, and consumption: Micro evidence from the Michigan consumer sentiment surveys. Journal of Money, Credit, and Banking, 36(1), 39–72.

    Google Scholar 

  • Stegman, M. A. (2007). Payday lending. The Journal of Economic Perspectives, 21(1), 169–190.

    Google Scholar 

  • Stephens, M. (2008). The consumption response to predictable changes in discretionary income: Evidence from the repayment of vehicle loans. The Review of Economics and Statistics, 90(2), 241–252.

    Google Scholar 

  • Sullivan, J. (2006). Welfare reform, saving, and vehicle ownership: Do asset limits and vehicle exemptions matter? The Journal of Human Resources, 41, 72–105.

    Google Scholar 

  • Sullivan, T., Warren, E., & Westbrook, J. L. (1989). As we forgive our debtors. New York: Oxford University Press.

    Google Scholar 

  • Sullivan, T., Warren, E., & Westbrook, J. L. (2000). The fragile middle class: Americans in debt. New Haven, CT: Yale University Press.

    Google Scholar 

  • Tescher, J., Sawady, E., & Kutner, S. (2007). The power of experience in understanding the underbanked market. Center for Financial Services Innovations. Retrieved June 27, 2010, from http://cfsinnovation.com/system/files/imported/managed_documents/keybank_paper.pdf

  • Thaler, R. H., & Benartzi, S. (2004). Save more tomorrow: Using behavioral economics to increase employee savings. Journal of Political Economy, 112(1 Pt 2), S164–S187.

    Google Scholar 

  • Thaler, R. H., & Sunstein, C. (2008). Nudge: Improving decisions about health, wealth, and happiness. New Haven, CT: Yale University Press.

    Google Scholar 

  • Todd, M. (2010). A graphical history of the dollar exchange rate. Retrieved November 21, 2010, from http://www.miketodd.net/encyc/dollhist-graph3.htm

  • U.S. Bureau of Labor Statistics. (2009). Consumer expenditures in 2008 (Report 1023). Washington, DC: Author.

    Google Scholar 

  • U.S. Bureau of Labor Statistics. (2010). Consumer expenditures—2009. News release. Washington, DC: Author. Retrieved December 5, 2010, from http://www.bls.gov/news.release/pdf/cesan.pdf

  • U.S. Department of Labor, Employee Benefit Security Administration (2010). Private Pension Plan Bulletin: Abstract of 2007 form 5500 annual reports. Retrieved November 1, 2010, from http://www.dol.gov/ebsa/pdf/2007pensionplanbulletin.pdf

  • Vendemia, M. (2008). Housing expenditures by race and Hispanic or Latino origin. In U.S. Bureau of Labor Statistics, (Ed.), Consumer Expenditure Survey Anthology, 2008 (Report 1009) (pp. 78–86). Washington, DC: U.S. Bureau of Labor Statistics.

    Google Scholar 

  • Vera-Toscano, E., Ateca-Amestoy, V., & Serrano-del-Rosal, R. (2006). Building financial satisfaction. Social Indicators Research, 77, 211–243.

    Google Scholar 

  • Wang, Z. (2009). The convergence of health care expenditure in the US states. Health Economics, 18(1), 55–70.

    Google Scholar 

  • Wang, J., & Xiao, J. J. (2008). Buying behavior, social support, and credit card indebtedness of college students. International Journal of Consumer Studies, 33, 2–10.

    Google Scholar 

  • Washington, E. (2006). The impact of banking and fringe banking regulation on the number of unbanked Americans. The Journal of Human Resources, 41, 106–137.

    Google Scholar 

  • Wee, C. C., Phillips, R. S., Legedza, A. T. R., Davis, R. B., Soukup, J. R., Colditz, G. A., et al. (2005). Health care expenditures associated with overweight and obesity among us adults: Importance of age and race. American Journal of Public Health, 95(1), 159–165.

    Google Scholar 

  • Weinberg, D. H., Nelson, C. T., Roemer, M. I., & Welniak, E. J., Jr. (1999). Economic well-being in the United States: How much improvement—Fifty years of U.S. income data from the current population survey: Alternatives, trends, and quality. The American Economic Review, 89(2), 18–22.

    Google Scholar 

  • Wells, C. (2007). Optimism, intertemporal choice, and college student debt. Journal of Personal Finance, 5(4), 44–66.

    Google Scholar 

  • Western, B., Percheski, C., & Bloome, D. (2008). Inequality among American families with children, 1975 to 2005. American Sociological Review, 73(6), 903–920.

    Google Scholar 

  • White, M. J. (2007). Bankruptcy reform and credit cards. The Journal of Economic Perspectives, 21(4), 175–199.

    Google Scholar 

  • White, M. J. (2009). Bankruptcy: Past puzzles, recent reforms, and the mortgage crisis. American Law and Economics Review, 11, 1–23.

    Google Scholar 

  • White, M. J., & Zhu, N. (2008). Saving your home in chapter 13 bankruptcy. The Journal of Legal Studies, 39(1), 33–61.

    Google Scholar 

  • Wilcox, J. (2007). Forecasting components of consumption with components of consumer sentiment. Business Economics, 42(4), 22–32.

    Google Scholar 

  • Wolff, E., & Zacharias, A. (2009). Household wealth and the measurement of economic well-being in the United States. The Journal of Economic Inequality, 7(2), 83–115.

    Google Scholar 

  • Woodward, S. E. (2003). Consumer confusion in the mortgage market. Sand Hill Econometrics working paper. Retrieved March 31, 2010, from, http://www.sandhillecon.com/pdf/consumer_confusion.pdf

  • Xiao, J. J. (2008). Applying behavior theories to financial behavior. In J. J. Xiao (Ed.), Handbook of consumer finance research (pp. 69–81). New York: Springer.

    Google Scholar 

  • Xiao, J. J., Collins, M., Ford, M., Keller, P., Kim, J., & Robles, B. (2010). A review of financial behavior research: Implications for financial education. Paper prepared for the NEFE Colloquium, Denver, CO.

    Google Scholar 

  • Xiao, J. J., & Fan, J. X. (2002). A comparison of saving motives of urban Chinese and American workers. Family and Consumer Sciences Research Journal, 30(4), 463–495.

    Google Scholar 

  • Xiao, J. J., Newman, B. M., Prochaska, J. M., Leon, B., Bassett, R., & Johnson, J. L. (2004). Applying the transtheoretical model of change to debt reducing behavior. Financial Counseling and Planning, 15(2), 89–100.

    Google Scholar 

  • Xiao, J. J., & Noring, F. E. (1994). Perceived saving motives and hierarchical financial needs. Financial Counseling and Planning, 5, 25–44.

    Google Scholar 

  • Xiao, J. J., Noring, F. E., & Anderson, J. G. (1995). College students’ attitudes towards credit cards. Journal of Consumer Studies and Home Economics, 19, 155–174.

    Google Scholar 

  • Xiao, J. J., O’Neill, B., Prochaska, J., Kerbel, C., Brennan, P., & Bristow, B. (2004). A consumer education program based on the transtheoretical model of change. International Journal of Consumer Studies, 28(1), 55–65.

    Google Scholar 

  • Xiao, J. J., Sorhaindo, B., & Garman, E. T. (2006). Financial behavior of consumers in credit counseling. International Journal of Consumer Studies, 30(2), 108–121.

    Google Scholar 

  • Xiao, J. J., Tang, C., & Shim, S. (2009). Acting for happiness: Financial behavior and life satisfaction of college students. Social Indicators Research, 92, 53–68.

    Google Scholar 

  • Xiao, J. J., & Wu, J. (2008). Completing debt management program in credit counseling: An application of the theory of planned behavior. Financial Counseling and Planning, 19(2), 29–45.

    Google Scholar 

  • Yang, F. (2009). Consumption over the life cycle: How different is housing? Review of Economic Dynamics, 12(3), 423–443.

    Google Scholar 

  • Yao, R., Hanna, S. D., & Montalto, C. P. (2003). The capital accumulation ratio as an indicator of retirement adequacy. Financial Counseling and Planning, 14(2), 1–11.

    Google Scholar 

  • You, W., & Nayga, R. M., Jr. (2005). Household fast food expenditures and children’s television viewing: Can they really significantly influence children’s dietary quality? Journal of Agricultural and Resource Economics, 30(2), 302–314.

    Google Scholar 

  • Yuh, Y., Hanna, S. D., & Montalto, C. P. (1998). Mean and pessimistic projections of retirement adequacy. Financial Services Review, 9(3), 175–193.

    Google Scholar 

  • Yuh, Y., Montalto, C. P., & Hanna, S. D. (1998). Are Americans prepared for retirement? Financial Counseling and Planning, 9(1), 1–12.

    Google Scholar 

  • Zan, H., & Fan, J. (2010). Cohort effects of household expenditures on food away from home. Journal of Consumer Affairs, 44(1), 213–233.

    Google Scholar 

  • Zhu, N. (2008). Household consumption and personal bankruptcy. Working paper, UC Davis, Davis, CA.

    Google Scholar 

  • Ziol-Guest, K. M., DeLeire, T., & Kalil, A. (2006). The allocation of food expenditure in married- and single-parent families. Journal of Consumer Affairs, 40(2), 347–371.

    Google Scholar 

  • Ziol-Guest, K., Kalil, A., & DeLeire, T. (2004). Expenditure decisions in single-parent households. In A. Kalil & T. DeLeire (Eds.), Family investments in children: Resources and parenting behaviors that promote success (pp. 181–208). Mahwah, NJ: Erlbaum.

    Google Scholar 

  • Zuvekas, S. H., & Cohen, J. W. (2007). Prescription drugs and the changing concentration of health care expenditures. Health Affairs, 26(1), 249–257.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Jing Jian Xiao PhD .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer Science+Business Media New York

About this chapter

Cite this chapter

Xiao, J.J. (2013). Family Economic Well-Being. In: Peterson, G., Bush, K. (eds) Handbook of Marriage and the Family. Springer, Boston, MA. https://doi.org/10.1007/978-1-4614-3987-5_24

Download citation

Publish with us

Policies and ethics