Rural Kids and Wealth

Journal Article (Journal Article)

Wealth ownership is a critical component of economic well-being, and wealth in early adulthood provides important clues about the trajectories along which individuals move throughout their lives. Using data from the National Longitudinal Study of Adolescent Health (Add Health), we find an association between growing up rural and adult wealth that varies across the components of wealth. We also find that growing up rural has unique implications for young adult wealth ownership that differ from growing up in other geographic regions, particularly in urban areas. Our results highlight an important outcome that is conditioned by growing up rural and underscores the importance of context for understanding how families save and accumulate wealth.

Full Text

Duke Authors

Cited Authors

  • Keister, LA; Moody, JW; Wolff, T

Published Date

  • May 1, 2022

Published In

Volume / Issue

  • 8 / 4

Start / End Page

  • 155 - 182

Electronic International Standard Serial Number (EISSN)

  • 2377-8261

International Standard Serial Number (ISSN)

  • 2377-8253

Digital Object Identifier (DOI)

  • 10.7758/RSF.2022.8.4.07

Citation Source

  • Scopus