Depleting Capital? Race, Wealth and Informal Financial Assistance

Autor/in	O'Brien, Rourke L.
Titel	Depleting Capital? Race, Wealth and Informal Financial Assistance
Quelle	In: Social Forces, 91 (2012) 2, S.375-396 (22 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0037-7732
DOI	10.1093/sf/sos132
Schlagwörter	Racial Differences; Poverty; Income; African Americans; Financial Support; Social Capital; Group Membership; Whites + Suchen Sie Ihr Suchwort? Rassenunterschied; Armut; Einkommen; Afroamerikaner; Finanzielle Förderung; Sozialkapital; Gruppenzugehörigkeit; White; Weißer
Abstract	Recent work suggests that part of the racial gap in wealth is explained by racial differences in network poverty. In this article, data from the 2007 Survey of Consumer Finances and the 2005 and 2007 Panel Study of Income Dynamics (PSID) are used to demonstrate that middle- and upper-income blacks are more likely to provide informal financial assistance than their white counterparts. Further, a lagged model using the PSID finds that this difference in financial assistance can account for part of the racial gap in wealth. An empirically useful definition of negative social capital is developed to illustrate how obligations of group membership can have stratifying consequences for individuals. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10