Individual Wealth Accumulation: Why Does Dining Together as a Family Matter?

Individual wealth accumulation : Why does dining together as a family matter ?

This study uses data from the Panel Study of Income Dynamics to examine whether selfregulation, proxied by regularly dining together with family, is associated with better financial preparedness and greater wealth accumulation across time among households. Findings reveal that individuals who had sufficient self-regulation to regularly eat meals together with their family, increased wealth at a...

why does research evaluation matter?

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Why Does Velocity Matter?

THE significant decline in the income velocity of money during 1982 and in the first quarter of 1983 has engendered confusion and controversy.’ Amid this controversy, little attention has been paid to the more fundamental role velocity plays in macroeconomics and, hence, about its potential and actual importance in the conduct of monetary policy. This article sets forth the concept of income ve...

Why Does Ethnicity Matter?

Family Structure , Race , and Wealth Ownership : A Longitudinal Exploration of Wealth Accumulation Processes

Recent research has demonstrated clear racial inequalities in wealth ownership, but the research is less certain about why these differences exist . Evidence that black wealth ownership, in particular, falls short of white wealth ownership has amassed at an increasing rate. In 1992, while median black income was about 60 percent of median white income, median net worth for blacks was only 8 per...