How Much Does State Context Matter in Emergency Savings? Disentangling the Individual and Contextual Contributions of the Financial Capability Constructs

The majority of American families lack the savings necessary to overcome an unexpected financial shock. Sherraden’s ( 2013 ) financial capability framework – objective financial knowledge, subjective financial knowledge, financial confidence, and financial access – has been used to explain patterns...

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Veröffentlicht in:Journal of family and economic issues 2022-12, Vol.43 (4), p.703-715
Hauptverfasser: Rothwell, David W., Giordono, Leanne, Stawski, Robert S.
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Sprache:eng
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