Table 2.
Four-Class Latent Model of Life-Course Economic Capital, n=8,977
| Class 1 | Class 2 | Class 3 | Class 4 | Total | |
|---|---|---|---|---|---|
| Persistently Disadvantaged | Upwardly Mobile | Downwardly Mobile | Persistently Advantaged | ||
| Percentage of Sample | 18.1 | 21.1 | 27.8 | 33.0 | 100.0 |
| Sample size | 1,623 | 1,892 | 2,496 | 2,966 | 8,977 |
|
| |||||
| Conditional Response (continuous indicators) | Mean | ||||
|
| |||||
| W1 Household income (dollars) | $23,600 | $33,000 | $67,400 | $90,100 | $56,900 |
| W3 Personal income (dollars) | $6,800 | $15,400 | $9,800 | $12,700 | $11,300 |
| W4 Personal income (dollars) | $9,200 | $32,600 | $18,000 | $44,400 | $26,600 |
| W4 Total assets (dollars) | $7,200 | $43,700 | $15,500 | $60,800 | $26,300 |
| W4 Total debt (dollars) | $5,400 | $13,900 | $11,200 | $14,300 | $11,100 |
|
| |||||
| Item-Response Probabilities (categorical indicators) | Percent | ||||
|
| |||||
| ADOLESCENCE (W1) | |||||
| Received public assistance | 67.0 | 42.0 | 9.7 | 7.8 | 26.9 |
| Financial strain | 36.0 | 33.3 | 6.8 | 3.8 | 17.1 |
| No health insurance | 39.5 | 43.3 | 7.1 | 2.4 | 19.7 |
| YOUNG ADULTHOOD (W3) | |||||
| Received public assistance | 28.2 | 4.5 | 7.8 | 0.6 | 8.7 |
| Financial strain | 48.2 | 20.7 | 24.9 | 12.6 | 24.5 |
| No health insurance | 40.3 | 25.8 | 17.7 | 2.4 | 19.0 |
| Owns home | 9.9 | 18.6 | 7.2 | 9.4 | 11.0 |
| Received help from family | 35.5 | 23.7 | 49.9 | 56.1 | 43.2 |
| ADULTHOOD (W4) | |||||
| Received public assistance | 64.7 | 11.1 | 27.8 | 2.3 | 23.1 |
| Financial strain | 54.6 | 13.1 | 35.5 | 3.1 | 24.1 |
| No health insurance | 32.6 | 15.0 | 24.1 | 1.2 | 16.5 |
| Owns home | 20.0 | 49.2 | 25.0 | 60.5 | 40.4 |
| Received family help to purchase home | 11.1 | 12.6 | 18.9 | 29.8 | 19.4 |
| Received family help for living | 21.6 | 7.1 | 24.1 | 7.0 | 14.6 |
| Gave financial help to family | 16.3 | 16.7 | 7.1 | 3.1 | 9.8 |
Note: W1=Wave 1 data; W3=Wave 3 data; W4=Wave 4 data