Family Facts: Social Science Research on Family, Society & Religion

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The study examined the relationship between marital status and savings behaviors over time.

Single couples saved less money ($6,000 - $6,500) over an eight year period (between 1984 – 1989 and 1989 –1994) than married couples did.

Sample or Data Description
Data came from the 1984, 1989, and 1994 wealth supplements of the Panel Study of Income Dynamics (PSID) survey, a nationally representative survey of American households. The analytic sample consisted of households that participated in the wealth supplement all three years (N = 4,065 households).

Source
Lupton, J., Marriage and the Economy: Theory and Evidence From Advanced Industrial Societies, (Cambridge, UK: Cambridge University Press 2003), pp. 129 – 152.

FindingID: 8597