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Record no:

1 of 1

Author:

PARISH Susan L.; et al.;

Title:

Assets and income: disability-based disparities in United States.

Reference:

Social Work Research, 34(2), June 2010, pp.71-82.

ISSN paper:

1070-5309

Abstract:

Noting that although there is evidence about elevated income poverty rates among US adults with disabilities almost nothing is known about asset holding patterns among this population, this study aimed to explore whether the disability-based asset gap is comparable to the disability-based income gap for adults. The study analysed data from the 2001 Survey of Income and Program Participation, using data for 4,214 households in which at least one adult had disabilities and 12,365 households without an adult with disabilities. The results showed evidence of significant income disparities and similarly large gaps in the assets held by households with and without adults with disabilities, and that households with an adult with disabilities had substantially reduced net worth and income compared with households without adults with disabilities regardless of whether the family structure was married couple, single women or single men. The researchers discuss the implications, commenting that for adults with disabilities and their families, who face elevated costs of living as compared with non-disabled individuals, assets may be an even more valuable resource in case of emergency, and that in addition to bearing additional costs related to their impairments people with disabilities are even less likely than the nondisabled population to realise economic well-being.

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Format:

article;

Topics:

disabled people; families; income; personal finance; poverty; savings;

Content Type:

research;

Country/Region:

United States;

Record ID:

www.scie-socialcareonline.org.uk/profile.asp?guid=45098a85-b245-42df-b677-5db1e39d725a