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West Ashley Library
9 a.m. - 4 p.m.
Phone: (843) 766-6635
Main Library
9 a.m. - 6 p.m.
Phone: (843) 805-6930
Folly Beach Library
Closed for renovations
Phone: (843) 588-2001
John L. Dart Library
9 a.m. - 6 p.m.
Phone: (843) 722-7550
St. Paul's/Hollywood Library
9 a.m. - 5 p.m.
Phone: (843) 889-3300
Mt. Pleasant Library
9 a.m. – 6 p.m.
Phone: (843) 849-6161
Dorchester Road Library
9 a.m. - 6 p.m.
Phone: (843) 552-6466
Edgar Allan Poe/Sullivan's Island Library
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Phone: (843) 883-3914
John's Island Library
9 a.m. - 6 p.m.
Phone: (843) 559-1945
McClellanville Library
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Phone: (843) 887-3699
Edisto Library
9 a.m. - 3 p.m.
Phone: (843) 869-2355
Wando Mount Pleasant Library
9 a.m. - 6 p.m.
Phone: (843) 805-6888
Otranto Road Library
9 a.m. - 6 p.m.
Phone: (843) 572-4094
Hurd/St. Andrews Library
9 a.m. - 6 p.m.
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Phone: (843) 805-6892
Village Library
9 a.m. - 6 p.m.
Phone: (843) 884-9741
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Depleting Capital? Race, Wealth and Informal Financial Assistance.
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- Author(s): O'Brien, Rourke L.1
- Source:
Social Forces. Dec2012, Vol. 91 Issue 2, p375-396. 22p.- Subject Terms:
- Source:
- Additional Information
- Subject Terms:
- Abstract: Recent work suggests that part of the racial gap in wealth is explained by racial differences in network poverty. In this article, data from the 2007 Survey of Consumer Finances and the 2005 and 2007 Panel Study of Income Dynamics (PSID) are used to demonstrate that middle- and upper-income blacks are more likely to provide informal financial assistance than their white counterparts. Further, a lagged model using the PSID finds that this difference in financial assistance can account for part of the racial gap in wealth. An empirically useful definition of negative social capital is developed to illustrate how obligations of group membership can have stratifying consequences for individuals. [ABSTRACT FROM PUBLISHER]
- Abstract: Copyright of Social Forces is the property of Oxford University Press / USA and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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