Longitudinal changes in net worth by household income and demographic characteristics for the first three waves of the HRS

Authors

  • Karen Eilers Lahey Department of Finance, College of Business Administration, University of Akron, Akron, OH, USA
  • Doseong Kim Department of Finance, College of Business Administration, University of Akron, Akron, OH, USA

DOI:

https://doi.org/10.1016/S1057-0810(02)00100-2

Keywords:

Demographic characteristics, Longitudinal analysis, Net worth distribution, Household behavior, Retirement adequacy

Abstract

The purpose of this study is to provide an initial examination of the first three waves of the HRS in terms of non-housing net worth by gender, education, race, religion, income, and age. The longitudinal data that is available for a sample of those who are nearing retirement or in retirement allows a picture of their ®nancial condition to be drawn. Statistical analysis indicates that there is a difference in non-housing net worth by demographic characteristics and marital status for each wave of the HRS and between the waves. Copyright 2001 Published by Elsevier Science Inc.

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Published

2001-12-30

How to Cite

Lahey, K. E., & Kim, D. (2001). Longitudinal changes in net worth by household income and demographic characteristics for the first three waves of the HRS. Financial Services Review, 10(1-4), 55–73. https://doi.org/10.1016/S1057-0810(02)00100-2

Issue

Vol. 10 No. 1-4 (2001): Financial Services Review

Section

New Original Submission

License

Copyright (c) 2001 Elsevier Science Inc.

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