The effect of temporary employment on asset accumulation processes

Journal Article (Journal Article)

Temporary employment in the United States has increased considerably in recent decades, but the financial well-being of temporary employees is not well understood. This article examines the effect of both recent and past temporary employment on asset accumulation and portfolio behavior. The authors find that temporary work reduces workers' assets and that this negative effect remains even after a worker has left the temporary position. The authors also show that suppressed or delayed homeownership substantially contributes to the reduction of assets among temporary workers. These results provide insight into the role that work status plays in creating and maintaining wealth inequality. © 2008 Sage Publications.

Full Text

Duke Authors

Cited Authors

  • McGrath, DM; Keister, LA

Published Date

  • May 1, 2008

Published In

Volume / Issue

  • 35 / 2

Start / End Page

  • 196 - 222

Electronic International Standard Serial Number (EISSN)

  • 1552-8464

International Standard Serial Number (ISSN)

  • 0730-8884

Digital Object Identifier (DOI)

  • 10.1177/0730888407312275

Citation Source

  • Scopus