Wealth accumulation has important implications for the relative well-being of households. This article describes how household wealth in the United States varies by gender and family type. Evidence is found of large differences in observed wealth between single-female-headed households and married couples. Although some of this gap reflects differences in observable characteristics correlated with gender and wealth - such as position in the life cycle, education, and family earnings - controlling for these characteristics reduces but does not eliminate the estimated wealth gap. The wealth holdings of single females in the US, controlling for these same characteristics, are also significantly lower than the wealth holdings of single males. In contrast, observed wealth gaps between genders in a sub-sample of young households disappear when controlling for observable characteristics, suggesting either that in the US these gaps are disappearing for younger households or that these gaps do not emerge until later in life.Wealth, gender, family structure, JEL Codes: D3, J16, J12,
Welfare reform has made receipt of cash benefits more difficult and less attractive for single mothers. We examine whether reforms of AFDC affected caseloads of another programSupplemental Security Income (SSI). We exploit state variation in welfare reform over time, and find that female-headed households in states aggressively pursuing welfare reform were 21.6 percent more likely to receive SSI. This implies that a decrease in caseloads in one program cannot be interpreted as an equal-sized decrease in the number of families receiving public assistance. In addition, our results have policy implications for the well-being of families affected by welfare reform time limits. * We are grateful to
Although people with disabilities have poorer employment outcomes, on average, than do people without disabilities, some of them fare relatively well in the labor market. To learn more about the individual characteristics associated with positive employment outcomes among people with disabilities, we use data from the 2009-2011 American Community Survey to examine differences in employment outcomes by demographic and other individual characteristics in a multivariable framework. Controlling for all other individual characteristics, we find the employment gap between individuals with and without disabilities is smaller among those in their 20s and 60s relative to the middle aged, Asians relative to Whites, Hispanics relative to non-Hispanics, married individuals, individuals with higher levels of educational attainment, and women. Overall, results suggest that policies and practices designed to improve employment outcomes among people with disabilities should consider how individual characteristics interact with disability as challenges to or facilitators of employment success.
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