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Author: Durband, Dorothy B.
Resulting in 2 citations.
1. Britt, Sonya L.
Huston, Sandra
Durband, Dorothy B.
The Determinants of Money Arguments between Spouses
Journal of Financial Therapy 1,1 (2010): 253.
Also: http://jftonline.org/journals/jft/article/view/253
Cohort(s): NLSY79
Publisher: Financial Therapy Association
Keyword(s): Collective Bargaining; Financial Investments; Marital Conflict; Marital Satisfaction/Quality; Wives, Income

Permission to reprint the abstract has not been received from the publisher.

A commonly held view is that arguments about money are associated with marital problems, but relatively little is known about the nature of arguing about money within marriage. Using data from the National Longitudinal Survey of Youth 1979 (NLSY79), this study uses a collective bargaining approach to examine the role of money arguments in marriage. The sample (N = 1,371) consists of married women. A collective bargaining framework provides a context for understanding money arguments within the marital relationship. Results indicate that costly communication is the dominant predictor of money arguments, followed by level and proportion of wife’s income, and household net worth. Because results suggest that both communication and financial resources are important components to understanding money arguments within marriage, a combination of professionals trained in marital therapy and/or financial planning is required for couples interested in seeking assistance to increase their satisfaction and/or avoid divorce.
Bibliography Citation
Britt, Sonya L., Sandra Huston and Dorothy B. Durband. "The Determinants of Money Arguments between Spouses ." Journal of Financial Therapy 1,1 (2010): 253.
2. Griesdorn, Tim S.
Durband, Dorothy B.
Does Self-control Predict Wealth Creation Among Young Baby Boomers?
Journal of Family and Economic Issues 37,1 (March 2016): 18-28.
Also: http://link.springer.com/article/10.1007/s10834-015-9437-4/fulltext.html
Cohort(s): NLSY79
Publisher: Springer
Keyword(s): Bankruptcy; Educational Attainment; Home Ownership; Income; Locus of Control (see Rotter Scale); Net Worth; Pearlin Mastery Scale; Savings; Self-Control/Self-Regulation; Wealth

Permission to reprint the abstract has not been received from the publisher.

Why similar people have different patterns of wealth accumulation is puzzling. The behavioral life-cycle hypothesis indicates self-control is an important aspect of household saving behavior. This study investigated if household wealth creation from 1994 to 2008 could be predicted by self-control among a sample of young baby boomers using National Longitudinal Survey of Youth (NLSY79) data. Variables that significantly predicted 2008 net worth included homeownership, 1994 net worth, income, bankruptcy filing, inheritance, education level, race, marital status, children, retirement planning activities, locus of control, and self-mastery. The addition of self-control predictors to a regression model improved the model's ability to predict net worth by 1.3% above and beyond the human capital, financial status, and demographic predictor variables. In total, the model explained 60% of the variance in net worth. Findings indicated that individuals who invested in their human capital, were homeowners, and had higher self-control, accumulated more wealth.
Bibliography Citation
Griesdorn, Tim S. and Dorothy B. Durband. "Does Self-control Predict Wealth Creation Among Young Baby Boomers?" Journal of Family and Economic Issues 37,1 (March 2016): 18-28.