Nonresident Parent Wealth Among Children.

ABSTRACT: Wealth matters for children's well-being. However, most research has considered only the wealth held in children's resident households, even though more than one quarter of U.S. children have a parent living elsewhere. We provide the first national estimates of nonresident parent wealth among children who ever lived with both parents in a shared household. We use the Panel Study of Income Dynamics (1984-2021)-whose survey design enables us to produce unbiased estimates with respect to factors that condition access to nonresident parents-to describe the characteristics of nonresident parent wealth, children's potential access to it, and its contribution to educational attainment. We find that nonresident parent wealth varies substantially and that the rank-rank correlation between nonreside

SUBMITTER: Hays J 

PROVIDER: S-EPMC12395996 | biostudies-literature | 2025 Feb

REPOSITORIES: biostudies-literature