Family Wealth Research Articles

Motivation, Drive, and Pride: Exploring Assets of First-Generation College Students Majoring in Education

ABSTRACT This qualitative research study explores the experiences of 20 First Generation College Students (FGCSs) majoring in Education. In this work, we apply an assets-based perspective that relies heavily on the concept of community cultural wealth. Drawing on interview data, we highlight the collective experiences and perspectives of FGCSs as they navigate institutional barriers utilizing cultural wealth. Our findings show that FGCSs relied on familial, aspirational, navigational, and resistant wealth as sources for their motivation, drive, and pride. The findings of this study call for greater awareness of assets-based approaches to understanding the experiences of first-generation college students.

Dietary diversity and its associated factors among adolescent girls in Ethiopia: a systematic review and meta-analysis

BackgroundEven though fragmented and inconsistent findings have been reported in Ethiopia, adolescence is a period of rapid growth following infancy and is severely affected by micronutrient deficiencies, food insecurity, and poor-quality diets. Therefore, the aim of this meta-analysis was to estimate the pooled prevalence of dietary diversity and its associated factors among adolescent girls in Ethiopia.MethodsInternational databases such as EMBASE, Hinari, Scopus, PubMed, Google Scholar, and direct Google searches were systematically used to search for articles and reports. The Newcastle-Ottawa Scale, modified as appropriate, was used for cross-sectional studies to assess the quality of the included articles and reports. A Microsoft Excel sheet was used for data extraction and then exported into STATA version 17 for further analysis. The pooled prevalence of dietary diversity was estimated using a random effects meta-analysis approach. Egger’s and Begg’s tests were employed to evaluate publication bias.ResultsThe pooled prevalence of minimum dietary diversity among adolescent girls in Ethiopia was 43% (95% CI: 30, 56) with significant heterogeneity (I2 = 99.2%, p = 0.00). Urban residence (OR: 2.46), mother being a government employee (OR: 2.31), attending a private school (OR: 6.24), adolescent having formal maternal education (OR: 4.49), adolescent having formal paternal education (OR: 3.26), father being a government employee (OR: 3.50), father being a merchant employee (OR: 2.51), middle family wealth index (OR: 1.76), household food security (OR: 3.96), receiving nutrition counseling (OR: 2.46), and higher meal frequency (OR: 7.35) were significantly associated with minimum dietary diversity.ConclusionThe pooled prevalence of dietary diversity among adolescent girls was low. Factors significantly associated with achieving minimum dietary diversity included urban residence, higher parental education and employment in government, private school attendance, household wealth, food security, receiving nutrition counseling, and higher meal frequency. These findings emphasize the need to improve dietary diversity among rural adolescent girls and food insecure households. Establishing nutrition counseling services could enhance understanding and skills related to a varied diet.

Analysis of Family Wealth and Participation in Commercial Insurance Behavior within the Influence of Confucian Culture

Based on the data samples from the China Household Finance Survey (CHFS) in 2017 and 2019, this study delves into the intrinsic relationship between Confucian culture, family wealth, and household participation in commercial insurance. The research findings indicate that Confucian culture positively promotes household participation in commercial insurance; an increase in family wealth significantly enhances households' willingness to participate in commercial insurance. Further analysis reveals that family satisfaction plays a crucial intermediary role between Confucian culture and household participation in commercial insurance. Additionally, the impact of Confucian culture on household commercial insurance participation behavior exhibits significant regional differences.

Socio-Economic and Demographic Determinants of Fertility in Azerbaijan: the Role of Son Preference

The paper analyses fertility and reproductive behaviour in Azerbaijan with a focus on the impact of socio-economic and cultural factors. Particular attention is paid to the impact of mothers’ level of education, economic wealth well-being of families and cultural preference for sons. The study is based on the data from the Multiple Indicator Cluster Survey (MICS) 2000, 2006 Azerbaijan Demographic and Health Survey (AzDHS 2006), and the Republic of Azerbaijan’s Ministry of Labour and Social Protection of Population (MLSP) survey for 2015-2017. Econometric methods allowed to identify the relationship between having many children in a family and such factors as mother’s higher education, level of family wealth and son preference.

Impact of family values & upbringing on sibling relationships: Moderating role of wealth inheritance

ABSTRACT Indian culture is characterized by strong family values and deep familial relationships. Sibling relationships are highly valued and play a significant role in shaping the lives of individuals in Indian families. However, this relationship can be affected by improperly transferring family wealth or differences in opinion about wealth, family values, and upbringing. Sibling relations are responsible for the emotional influence of unexpected wealth . Generational transfer of wealth has been a ritual since ancient times and has gained academic consideration due to its economic implications on family wealth and the economy. This study aims to discover the extent to which Wealth Inheritance moderates the association between Family Values & Upbringing and the factors of sibling relationships (like Alliance, Care & Affection, Antagonism, and Companionship). 350 Participants from North India (opposite gender sibling/s and inherited wealth) were identified using a cross-sectional online survey design. They were assessed for various factors such as demography, Family Values & Upbringing, Sibling Relationships and Satisfaction with Wealth Inheritance. Subsequently, Structural Equation Modelling (SEM) was employed to extract the factors and test the hypothesized associations. Further, moderation analysis was conducted to test the moderating influence of Satisfaction with Wealth Inheritance on the association between Family Values and Upbringing with Sibling Relationships. Family Values and Upbringing parameter has a positive and significant relationship with all the sibling relationship factors, i.e. Alliance, Care & Affection. Wealth Inheritance has an appreciable impact on the association of Values and Upbringing in Sibling Relationships.

The Role of Behavioral Factors in Climate Change Donations

Environmental non-profit organizations play a crucial role in fighting climate change. Most of them rely on donations from small donors whose donation decisions tend to be affected by personal factors. We examine the effects of behavioral factors on donations to climate change charities through a survey conducted among a group of participants with relatively homogenous demographic characteristics such as family wealth and educational background. We find that a potential donor’s donation amount is strongly affected by his or her perception of the effectiveness of environmental charities in fighting climate change. Among participants who pay more attention when filling out the survey, the persuasion tactic featuring factual information related to climate change appears to be most effective. Lastly, participants who feel good about having given to climate change charities are associated with larger donations, highlighting the effect of the psychological benefits of giving. Our study contributes to the behavioral economics literature by focusing on donors’ perspectives when examining the drivers behind charitable giving to climate change mitigation charities. Our findings suggest that climate charities should account for the effects of behavioral factors that best influence potential donors to improve fundraising success.

The Making of New Elites and the Reproduction of Social Inequality at St. Paul’s: An Analysis from the Perspective of Classical Sociological Theories

This paper examines how social inequality is reproduced in elite educational institutions through a meritocratic system, using Shamus Khan’s Privilege: The Making of Adolescent Elite at St. Paul’s School as a case study. Drawing upon classical sociological theories, including Goffman’s performance theory, Weber’s work ethic, and Veblen’s concept of vicarious consumption, the paper explores how the new elite learn to maintain their social status. It argues that, while the appearance of diversity and meritocracy in these elite spaces suggests equality, these institutions continue to cultivate privilege through subtle yet powerful social practices. Key mechanisms include the cultivation of 'ease' in social situations, the performance of 'hard work,' and the idealization of students as inherently extraordinary. The study also investigates the role of elite parents, arguing that sending children to prestigious schools serves as a form of vicarious consumption, displaying the family's wealth and social capital. Despite the appearance of openness and fluid social mobility, the paper concludes that access to elite training remains restricted, reinforcing entrenched inequalities.

The Impact of Family Wealth on Asset Return: A Moderated Chain Median Model Partially Explaining Wealth Inequality.

Global wealth is distributed highly unequally, and this issue has worsened in recent years. Such inequality threatens human well-being and fundamental values. In response, this paper aims to explore the wealth inequality phenomenon from the perspective of investment psychology. Recognizing wealth return heterogeneity as a crucial source of inequality, the paper establishes a psychological model focused on two investment skill factors that can partially explain this heterogeneity. The theoretical foundation of this model includes the conservation of resources (COR) theory, prospect theory, and performance determinants theory. In our model, risk preference and asset-holding periods sequentially mediate the relationship between family wealth and asset returns. Moreover, risk preference and the disposition effect are identified as serial mediators in this relationship. Financial literacy also moderates the relationship between the risk preference, asset-holding period, and disposition effect. This proposed model not only provides a richer explanation for wealth return heterogeneity through the lens of investment skill but also extends the application of COR theory to investment psychology, thereby enhancing our understanding of resources. Moreover, it offers a novel explanation for the relationship between risk preference and the deposition effect, enriching prospect theory. Finally, the inclusion of financial literacy's role broadens the scope of performance determinants theory.

Prevalence of anemia and its associated factors among under-five children living in Arba Minch Health and Demographic Surveillance System Sites (HDSS), Southern Ethiopia.

Childhood anemia affects around half of under five children and has impacts on physical, mental, and social development, both in the short and long term. The objective of the study was to determine the prevalence of anemia and its associated factors among under-five children living in Arba Minch Health and Demographic Surveillance System Sites (HDSS). A community-based cross-sectional study was conducted among randomly selected under-five children with their caregivers living in Arba Minch HDSS from June to August 2023. The questionnaire was developed to assess sociodemographic, nutrition, healthcare, and environmental characteristics. Hemoglobin concentration was adjusted for altitude of the village. Anemia was defined as the hemoglobin concentration below 11 g/dL. It was further categorized as mild (between 10-10.9 g/dL), moderate (7-9.9 g/dL), and severe (less than 7 g/dL). The analysis of factors associated with anemia was assessed by using logistic regression and significance was determined at p-value <0.05. A total of 332 under-five children with a mean (SD) age of 33(15) months participated. The overall prevalence of anemia among under-five children was 35.3% (95% CI: 30.4, 40.7). The magnitude of mild, moderate, and severe anemia was 12.4% (95%CI: 9.2, 16.4), 22.1% (95%CI: 17.9, 26.9), and 0.9% (95%CI: 0.3, 2.8), respectively. Anemia had a negative association with the advancing age of the children (0.95, 95%CI: 0.93, 0.97) and improvement in the family wealth score (0.86, 95%CI: 0.75, 0.99). Nearly one-third of the under-five children were anemic and childhood anemia is a moderate public health problem in the study area. The magnitude of anemia was negatively associated with the advance in child age and with the increase in the wealth status of the household. It is important to provide due attention to reduce the magnitude of anemia specifically for the youngest children and for those children from poor households.

Does Vision Health Knowledge Matter? A Cross-Sectional Study of Primary School Students in Rural China.

To estimate the prevalence, consequences of, and factors associated with poor vision health knowledge among students, parents, and teachers in rural China. This cross-sectional study was conducted with 17,902 students among 251 primary schools in rural China. The primary outcomes were eyeglasses ownership and wear rates, measured by self-reported eyeglasses ownership and wear status. Descriptive and multivariable regression analyses were performed. Students, parents, and teachers had a high prevalence of poor vision health knowledge, with 90% of students, 86% of parents, and 56% of teachers scoring 4 or below on the study's vision knowledge test. Among 2,893 students needing eyeglasses, only 563 (19.46%) owned eyeglasses and 450 (15.55%) wore them. Both student and parental vision health knowledge were positively associated with eyeglasses ownership (p < 0.001 and p < 0.001, respectively). Parental vision health knowledge also showed a positive association with eyeglasses wear (p=0.098). Students with higher parental vision health knowledge and male students had higher vision health knowledge. Parents with higher education levels, at least one family member wearing eyeglasses, medium to high family wealth demonstrated higher levels of vision health knowledge. We found that poor vision health knowledge is prevalent among children, parents, and teachers in rural western China, and that prevalent visual impairment among children is accompanied by low eyeglasses ownership and wear rates. We also found positive and significant correlations between students' and parental vision health knowledge and students' eyeglasses ownership, as well as between parental vision health knowledge and students' eyeglasses wear rates, suggesting that efforts are needed to improve vision health knowledge among students and parents in rural China.

The Behavior of Housewives in the Management of Fixed and Non-fixed Income to Anticipate Economic Problem in the Future. Macassar, Indonesia

Type of qualitative research through phenomenological, approach as for hsl research shows that the role of housewives in managing finances and anticipating the future is increasingly recognized, especially in the context of gold investment as a strategy to protect family wealth from market fluctuations and economic uncertainty. Gold investment is seen as a stable and profitable option in the long run, which allows housewives to plan wisely for the future of their family. The majority of housewives view gold as the ultimate investment, based on a good understanding of the benefits and associated risks, as well as adopting a careful investment strategy, including setting clear goals, consistency in investment, choosing a trusted investment platform, and following market developments. With awareness of the importance of gold investment and continuing financial education, housewives can build a strong foundation for family financial stability, maintain peace of mind in the face of an uncertain future, and provide a solid foundation for future generations.

Enhance physical, mental and academic wellbeing of pupils in Germany through digital health literacy

Abstract Background Digital health literacy (DHL) involves the ability to find, understand, appraise, and apply health information from digital sources. It serves as the foundation for informed decision-making about one’s health and well-being using digital technology and online health information sources and services. Despite its significance, the role of DHL in relation to schoolchildren’s wellbeing remains underexplored. Therefore, this study aims to investigate how schoolchildren’s DHL influences their physical, mental, and academic well-being. Methods The cross-sectional survey comprised a representative sample of N = 1448 school-aged children (9-18 years) living in Germany. DHL was assessed via a translated and adapted version of the DHL instrument. The assessment of physical, mental, and academic well-being relied on the KINDL questionnaire. Linear regression analyses were conducted, with the scale score of physical, mental, and academic well-being serving as dependent variables and DHL as predictor. Additionally, potential confounding variables such as sex, age, migration background, subjective family wealth, chronic illness, and subjective health status were included in the analyses. Results All three regression models were significant (physical: F(9,1325) = 34.99, p &amp;lt; .001; R2 = 0.19; mental: F(9,1320) = 27.43, p &amp;lt; .001; R2 = 0.16; academic: F(9,1336) = 15.19, p &amp;lt; .001; R2 = 0.09). DHL significantly predicted physical (B=.08, p=.01), mental (B=.17, p&amp;lt;.001), and academic (B=.21, p&amp;lt;.001) wellbeing. Conclusions This study provides the first evidence of the predictive power of DHL for schoolchildren’s physical, mental, and academic well-being. It emphasizes the importance of promoting DHL in schoolchildren to empower them to find, understand, appraise, and apply digital health information effectively. Key messages • Digital health literacy significantly predicts schoolchildren’s physical, mental, and academic well-being. • Promoting digital health literacy can empower schoolchildren to make informed decisions about their well-being.

Features of Worldview Perception Among Speakers of Yakut and Russian: Associative Field Analysis of Stimulus Words DYOL — SCHASTYE

This article analyzes the associative fields of the stimulus words DYOL and SCHASTYE, which are central to the linguistic consciousness of Yakut and Russian speakers. Investigating the underlying processes within language enables us to uncover the ethnocultural specificity of a community’s linguistic consciousness — a snapshot of the real-world image at a particular period in the life of an ethnic group. The focus is on identifying both commonalities and distinctions in the perception of happiness among speakers of the two languages, as well as the ethnocultural nuances in their worldviews. A comparative analysis of the associative fields of the stimulus words DYOL — SCHASTYE is conducted using Y.N. Karaulov’s “semantic gestalt” methodology, which includes delineating semantic zones, determining types of connections between stimuli and responses, and employing a quantitative assessment method to measure the overlap of associative fields. The analysis reveals significant shifts in the value priorities of Yakut speakers in recent years. While happiness was previously associated with family, children, and material wealth, con-temporary perspectives increasingly emphasize aspects such as fulfilling work, travel, career advancement, and self-care. This reflects modern social trends where happiness is linked not only to material factors but also to personal growth and self-actualization.

Is patriarchy undermined in urbanization? Rural families and housing properties in relocated villages in the urbanizing northwestern China

China’s urbanization has relocated many rural families, but it remains unclear if such changes undermine patriarchy. This study draws on survey and interview data in northwestern China to examine what prevailing principles families draw on in dividing the newly acquired family wealth (1) between parents and children, (2) between elder and younger children, and (3) between sons and daughters. These family decisions are not triggered by life course changes but are induced by a sudden increase in family wealth, which may differ from what usually happens in rural families. Quantitative comparison and qualitative case analysis suggest the accelerated downstream transfers from parents and the mixed desires to prioritize sons’ housing needs, care for each child’s entitlement, compensate less privileged children, and secure parents’ elderly care. The persisting values and rising desires, as reflected by multiple principles of altruism, exchange, entitlement, son preference, and need, contributed to the persisting gender effect and the ambiguous generation and parity effects—parents and elder children did not have apparent advantages in family property structures when rural families were relocated or enclosed into urban areas.

Intergenerational family life courses and wealth accumulation in Norway

Abstract While prior research has widely acknowledged the consequences of specific family transitions (e.g., parental death, parenthood, grandparenthood) for individual wealth holdings, the interplay of multiple family transitions and positions occurring at different life stages and in various orderings has received little attention. This is despite the fact that these transitions and positions most likely jointly shape wealth accumulation, both in the shorter and longer run. We apply (1) sequence analysis to identify typical family life course clusters defined by the timing of the death of the parent generation, the timing of the transition into parenthood, and grandparenthood and (2) regression analysis to describe how the accumulation of wealth between ages 40 and 64 differs by family life course cluster. Using Norwegian register data of individuals born in 1953 (N = 47,945), we identified six clusters of family trajectories ranging from childless individuals to individuals who were sandwiched between their parents, children, and grandchildren because of relatively early (grand)parenthood and late parental death. Individuals experiencing patterns with a later transition into (grand)parenthood occupied stable and high wealth positions over time. Individuals without children exhibited a steady increase in their wealth position. Additionally, experiencing parental death later in life was associated with increasing wealth, whereas early parental death was not. These results held net of gender and education. Pronounced and even increasing wealth differences over the life course seem to be associated with the interplay of multiple family transitions.

Does increasing robot density exacerbate wealth inequality?

This article expands the economic consequences of applying automation technology beyond the labor market to encompass wealth distribution. It empirically investigates the effects of changes in robot density on household wealth inequality and potential mechanisms. By using three-digit industry codes provided by the China Census 1 % sampling data in 2015, this paper achieves a more accurate matching of industrial robot data with individual data and employs instrumental variables to alleviate potential endogeneity bias. This paper finds that increasing robot density exacerbates the inequality of family wealth, and this effect has a particularly significant impact on young labor force and workers with low education. Its impact mechanism may come from the inequality of employment difficulty and the increase of the non-transferability of human capital. This study is of great importance to deeper understand the economic consequences of the accelerated use of automation technology and accurately formulate public policies to narrow the wealth gap.

Intervention model in reducing the unmet need for contraception: a systematic literature review on technology-based, community, and health worker interventions

The unmet need for contraception is a serious public health problem, and efforts to reduce the unmet need for family planning are a challenge due to the many and complex factors that contribute to the unmet needs. The aim of this study was to systematically review scientific evidence on intervention models that effectively reduce the unmet need for contraception. This study used a systematic review to identify relevant scientific articles. The article search was based on the PICO approach and used a database from https://www.scopus.com/, https://www.sciencedirect.com/, https://pubmed.ncbi.nlm.nih.gov/, https://www.mdpi.com/, https://www.jstor.org/, https://www.nature.com/, https://link.springer.com/. The reviewed material was full-text articles and open-access articles published from 2013 to 2023. Data extraction included author, country, type of intervention, research design, sample, and main research findings. Twelve studies were included in our qualitative synthesis. Technology-based interventions, such as mobile phone instant messaging apps, were implemented in countries like Tajikistan, Bolivia, and Mozambique. Community-based interventions included the Community Family Health=Family Wealth program in Uganda, the Tékponon Jikuagou (TJ) program in Benin, and the Married Adolescent Girls Club (MAG club) and Participatory Women's Group Intervention in Bangladesh. Health worker-led interventions involved community health volunteers in Nepal, postpartum contraceptive counseling, contraceptive counseling for all ages, structured counseling for childbearing couples in Indonesia, and the "Consult and Choose" client-centered family service in Jordan. The findings underscore that varying intervention models can significantly enhance contraceptive use, tailored to specific cultural and regional contexts. These interventions, therefore, hold substantial implications for public health practices aiming to address and reduce the global unmet need for contraception. This systematic review provides valuable insights into the effectiveness of diverse interventions and suggests avenues for public health strategies to expand contraceptive access and use globally.

IDENTIFYING RISK FACTORS FOR STUNTING AMONG UNDER-FIVE INDONESIAN CHILDREN

The prevalence of child stunting in Indonesia in 2023 at the national level from 24.5% to 21.6%. Despite declining, the figure is still relatively high, as 28 out of 100 babies suffer from stunting. The study aims to predict stunting risk factors in children under the age of 5. They use bivariate and multivariate logistic regression to identify significant factors associated with stunting risk. Stunting prevalence in Batu Bara District of North Sumatra Province was 18.35% out of 28.716 children under 5 years of age (967 children very short and 3,944 young children). The study was conducted on 100 households with brief and concise children living in rural areas. The results of the study showed maternal education (OR 5.27; 95% CI 1.04-5.62); low maternal nutritional status during pregnancy (OR 2.57, 95% CI 1.22-5.89); formula milk delivery less than 6 months (OR 3.47; 95% CI 1.40-8.28); low birth weight of less than 2500 grams (OR 4.94; 95% CI 1.30-18.80); lack of access to drinkable water (or 3.14; 95% CI 1.29-7.65); low family wealth index (OR 0.13; 95% CI 0.05-0.32). Environmental and household factors have a significant relationship with stunting risk control. Multilateral efforts from the level of family empowerment, increasing the role of health services, and improving nutritional status are access to public health status.

A family enterprise: The Shonubis of Ikorodu, 1919–1949

Abstract The impact of the Shonubi family on the economic and commercial interrelations between the Ikorodu district and Lagos during the colonial period is indelible. Two prominent personalities, a mother and her son, distinguished themselves in trade, commerce, agro-allied and the transportation sub-sectors of the economy by harnessing indigenous entrepreneurial ingenuity. The mother, Patricia Efun, was not only the «king of women» in the traditional political realm, but she was also indeed a leader in other dimensions. The son, Joseph Shonubi (popularly known as Owolowo), took the opportunity of his mercantile background to make a mark in the business world. However, apart from the personal and family benefits, their entrepreneurial exploits contributed to laying the foundation of post-colonial economic developments in Ikorodu and Lagos. This paper highlights the connections between family wealth and entrepreneurial exploits in the colonial Ikorodu district of the Lagos Colony. It is based on archival materials, oral interviews and newspaper reportage among others.

From adversity to advancement: uncovering how race and class shape Black tech entrepreneurial experiences

Abstract Black people in the technology industry face various barriers, from encountering micro-aggressions from their coworkers to facing blocked advancement in their professional careers. These challenges are particularly pronounced in entrepreneurship, where Black founders receive just one percent of all venture capital funding. But amidst these shared struggles, questions arise as to what ways, if any, these experiences vary. Using an intersectional lens to inductively study forty-six Black tech entrepreneurs in Silicon Valley, I reveal how class shapes Black entrepreneurial processes differently at various phases of entrepreneurship. Lower- and middle-class Black entrepreneurs faced more financial and network-based obstacles as they struggled to raise money from family and friends and had fewer effective networks when starting their businesses. Conversely, Black upper-class entrepreneurs had familial wealth and personal networks that aided their entrepreneurial efforts but faced challenges as they were not a “racial fit” within the industry. Consequently, they perceived that they confronted more instances of individual-level discrimination. Black lower and middle-class entrepreneurs were less likely to discuss instances of perceived individual-level discrimination because many had not reached the step of meeting with an investor. This research offers unique and nuanced insights into how class shapes the entrepreneurial pursuits of Black founders. Contributions to the sociology of race and ethnicity, intersectionality, and the sociology of entrepreneurship are also discussed.