Consumer Finances of Low-Income Families Nielsen, Robert Fletcher, Cynthia Fletcher, Cynthia Bartholomae, Suzanne
dc.contributor.department Human Development and Family Studies 2021-08-23T15:51:32.000 2021-09-09T18:59:14Z 2021-09-09T18:59:14Z Fri Jan 01 00:00:00 UTC 2016 2016-01-01
dc.description.abstract <p>The Great Recession, and the slow recovery afterward, affected families from all socioeconomic strata. However, low-income families were hardest hit on many consumer finance indicators. To highlight the challenges facing low-income families we examine recent patterns of consumer finance holdings relative to higher-income families. We then review recent research on several dimensions of the financial environment of low-income families, including banking; asset holdings including home ownership; use of credit and alternative financial services; and access to health insurance. A discussion of future directions for research on the consumer finances of low-income families completes the chapter.</p>
dc.description.comments <p>This accepted book chapter is published as Nielsen, R. B., Fletcher, C. N., and S. Bartholomae. “Consumer Finances of Low-Income Families.” In J. Xiao (ed.) Handbook of Consumer Finance Research. New York NY: Springer. 2016 (2nd edition); 167-178. Posted with permission. </p>
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dc.identifier archive/
dc.identifier.articleid 1157
dc.identifier.contextkey 24443053
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath hdfs_pubs/156
dc.language.iso en
dc.source.bitstream archive/|||Fri Jan 14 20:43:46 UTC 2022
dc.subject.disciplines Economic History
dc.subject.disciplines Family, Life Course, and Society
dc.subject.disciplines Growth and Development
dc.subject.disciplines Income Distribution
dc.subject.disciplines Place and Environment
dc.subject.disciplines Social Work
dc.subject.keywords low-income
dc.subject.keywords poverty
dc.subject.keywords unbanked
dc.subject.keywords alternative financial sector
dc.subject.keywords home ownership
dc.title Consumer Finances of Low-Income Families
dc.type article
dc.type.genre book_chapter
dspace.entity.type Publication
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