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Childhood Poverty and the Transition to Adulthood
Author(s) -
Kendig Sarah M.,
Mattingly Marybeth J.,
Bianchi Suzanne M.
Publication year - 2014
Publication title -
family relations
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.772
H-Index - 87
eISSN - 1741-3729
pISSN - 0197-6664
DOI - 10.1111/fare.12061
Subject(s) - young adult , poverty , early adulthood , socioeconomic status , psychology , panel study of income dynamics , developmental psychology , social class , financial independence , demographic economics , demography , economic growth , economics , sociology , population , market economy , finance
The authors used the Panel Study of Income Dynamics 2007 Transition to Adulthood data in combination with the 2002 Child Development Supplement to examine social class bifurcation in young adulthood. Results indicate that poor youth possibly take on adult roles “too early” at the same time that high‐income youth may be supported for a long period past their 18 th birthday. Although not all evidence is consistent with this bifurcated story, childhood poverty does play a key role. Young adults from poor families establish financial independence early (e.g., contributing to family bills during adolescence, considering themselves fully responsible for their finances as young adults), whereas young adults from more affluent homes are more likely to receive financial transfers from their parents (who often help them pay for college and other expenses). These findings highlight the ways in which socioeconomic inequality in childhood can differentiate youth's experiences of adolescence and young adulthood .