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Title: Inequality and Retirement Savings among Young Adults
Resulting in 1 citation.
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Nau, Michael |
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Inequality and Retirement Savings among Young Adults Presented: New York NY, American Sociological Association Annual Meeting, August 2013 Cohort(s): NLSY97 Publisher: American Sociological Association Keyword(s): Debt/Borrowing; Retirement/Retirement Planning; Savings; Wealth Permission to reprint the abstract has not been received from the publisher. Why do some households have more wealth than others? This question is key for understanding contemporary social stratification, given recent rapid rise of wealth inequality, household debt, and growing importance of individual savings for economic security. Yet exactly how wealth accumulation works is not well understood. This study adopts a novel analytical approach to studying wealth accumulation by modeling the risk of a key savings event: the initiation of savings for retirement among young adults. By examining the "risk factors" that shape the decision to save, this study integrates mainstream, psychology-oriented savings research with insights from wealth scholars and specialists in other areas of stratification. |
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Bibliography Citation
Nau, Michael. "Inequality and Retirement Savings among Young Adults." Presented: New York NY, American Sociological Association Annual Meeting, August 2013. |