Contents
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Households as a Site of Production Households as a Site of Production
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Racial Differences in Households Racial Differences in Households
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Data and Methods Data and Methods
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Data Data
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Living Arrangements Living Arrangements
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Methods Methods
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Results Results
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General Characteristics of Households, Composition, and Economic Well-Being General Characteristics of Households, Composition, and Economic Well-Being
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Changes in Household Composition Changes in Household Composition
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Changes in Economic Well-Being Changes in Economic Well-Being
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Racial Differences Racial Differences
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Summary and Discussion Summary and Discussion
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Notes Notes
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References References
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Ten Family Structure and Financial Well-Being: Evidence from the Great Recession
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Published:June 2013
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Abstract
This chapter presents an analysis of the influence of changes in family size and complexity of living relationships on a family's economic well-being during the Great Recession. The analysis reveals that the average size of households did not change markedly following the Great Recession. However, the stable average conceals considerable churning with about one-third of households adding or losing members. Decreases in household size and complexity are associated with higher standards of living in the household for white families, no change for African American families, and a lower standard of living for Hispanic families. The authors conclude that while families play an important role in providing income support in difficult economic times, changes in living arrangements that increase family size typically result in decreases in economic welfare.
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