TY - JOUR
T1 - Contributions of Qualitative Research to Understanding Savings for Children and Youth.
AU - Sherraden, M.
AU - Peters, Clark
AU - Wagner, Kristen
AU - Guo, Baorong
AU - Clancy, Margaret
N1 - This paper explores contributions of qualitative research to saving theory for children, youth, and parents in children's development account (CDAs) p...
PY - 2013/2/1
Y1 - 2013/2/1
N2 - This paper explores contributions of qualitative research to saving theory for children, youth, and parents in children's development account (CDAs) programs. It brings together findings from three studies: (1) elementary school age children saving for college, (2) youth transitioning from foster care saving for education and other purposes, and (3) mothers saving for their toddlers’ future college. Findings suggest that children, youth, and parents find CDAs helpful in accumulating savings. CDAs motivate and facilitate saving in ways that reflect developmental stages. Accumulating savings has positive economic and psychological meaning for CDA participants. CDAs overcome some obstacles in saving for the three groups, but other barriers remain, especially income flows, debt, and emergencies.
AB - This paper explores contributions of qualitative research to saving theory for children, youth, and parents in children's development account (CDAs) programs. It brings together findings from three studies: (1) elementary school age children saving for college, (2) youth transitioning from foster care saving for education and other purposes, and (3) mothers saving for their toddlers’ future college. Findings suggest that children, youth, and parents find CDAs helpful in accumulating savings. CDAs motivate and facilitate saving in ways that reflect developmental stages. Accumulating savings has positive economic and psychological meaning for CDA participants. CDAs overcome some obstacles in saving for the three groups, but other barriers remain, especially income flows, debt, and emergencies.
UR - https://www.sciencedirect.com/science/article/abs/pii/S0272775712001185
U2 - 10.1016/j.econedurev.2012.09.006
DO - 10.1016/j.econedurev.2012.09.006
M3 - Article
VL - 32
JO - Economics of Education Review
JF - Economics of Education Review
ER -