# soc: a study about income: more than 63% of American children live in "asset" poverty

<< More than 63 percent of American children and 55 percent of Americans live in "asset" poverty, meaning they have few or no assets to rely on in the event of a financial shock such as a job loss, a medical crisis or the recent federal government shutdown, >>

Michelle Klampe. Nearly two-thirds of American children live in asset poverty, new study shows. Oregon State University.  Feb 21, 2019.

https://m.phys.org/news/2019-02-two-thirds-american-children-asset-poverty.html

David W. Rothwell,  Timothy Ottusch, Jennifer K. Finders. Asset poverty among children: A cross-national study of poverty risk. Children and Youth Services Review. Volume 96, January 2019, Pages 409-19. doi: 10.1016/j.childyouth.2018.11.045. Nov 23, 2018.

https://www.sciencedirect.com/science/article/pii/S0190740918305759?via%3Dihub