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Title: Savings of Young Parents
Resulting in 1 citation.
1. Lusardi, Annamaria
Cossa, Ricardo
Krupka, Erin L.
Savings of Young Parents
Journal of Human Resources 36,4 (Fall 2001): 762-794.
Also: http://www.jstor.org/stable/3069641
Cohort(s): NLSY97
Publisher: University of Wisconsin Press
Keyword(s): Assets; Household Income; Nonresponse; Parenthood; Savings

In this paper, we examine household savings using data from the National Longitudinal Survey, Cohort 1997. This data set provides detailed information about assets and liabilities of parents with teenage children. In our empirical work, we have to first deal with several problems in measuring wealth. Although many responding parents report owning assets and liabilities, they often do not report their values. To get around the nonresponse problem, we impute the missing values for assets and liabilities. To study the patterns of accumulation of young parents, we examine wealth holdings and asset ownership across several demographic groups.
Bibliography Citation
Lusardi, Annamaria, Ricardo Cossa and Erin L. Krupka. "Savings of Young Parents." Journal of Human Resources 36,4 (Fall 2001): 762-794.