Household Financial Capital and Food Security

Nearly 20% of all U.S. households were considered food insecure in 2013. Although income poverty is often associated with food insecurity, the relationship between household assets and food insecurity have not been fully explored. Using a randomized sample of 28,336 adults, the authors examined thes...

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Bibliographic Details
Published in:Journal of poverty 2018-01, Vol.22 (1), p.1-22
Main Authors: Shobe, Marcia A., Narcisse, Marie-Rachelle, Christy, Kameri
Format: Article
Language:English
Subjects:
Assets
Financial literacy
Food
Food security
Food supply
Home ownership
homeownership
Households
Hunger
Income
Loans
Payments
Poverty
Tenants
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Summary:Nearly 20% of all U.S. households were considered food insecure in 2013. Although income poverty is often associated with food insecurity, the relationship between household assets and food insecurity have not been fully explored. Using a randomized sample of 28,336 adults, the authors examined these relationships, independent of income. Findings suggest that homeowners are more likely to report food security than individuals still making mortgage payments and renters. In addition, individuals who own other financial assets are more likely to be food secure than individuals without these assets. Implications of this study include increasing financial education and opportunities for asset building.
ISSN:1087-5549
1540-7608
DOI:10.1080/10875549.2017.1348426