Finding

 


This finding looks at the relationship between having money accounts and family structure.

Some 95 percent of married-couple households held “transaction accounts” – that is, savings, checking, money market or call accounts – compared to 89 percent of households headed by single males, and 85 percent of households headed by single females. When everything was held constant, single-female households were 21% more likely to hold transaction accounts than married-couple households.


Sample or Data Description
Data came from the 1989, 1992, 1995, 1998, and 2001 waves of Survey of Consumer Finances (SCF), a nationally representative survey of American households (N=20,089).


Source
"Who Has a Bank Account? Exploring Changes Over Time, 1989–2001"
Hogarth, J. M.,
Anguelov, C. E., & Lee, J.
Journal of Family and Economic Issues Vol. 26, Number . , 2005. Page(s) 7–29.


FindingID: 8626
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