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Full-Text Articles in Social and Behavioral Sciences
Two Sides Of The Same Coin? The Differing Roles Of Assets And Consumer Debt In Marriage, Jeffrey P. Dew
Two Sides Of The Same Coin? The Differing Roles Of Assets And Consumer Debt In Marriage, Jeffrey P. Dew
Faculty Publications
This study examines whether assets and consumer debts relate to change in marital satisfaction and conflict in opposing ways or in independent ways. It also tests whether these relationships are direct or mediated. Using a nationally representative longitudinal sample, the results indicate that assets and consumer debt influence change in marital outcomes in mostly independent rather than complementary ways. Consistent with prior literature, assets work indirectly by decreasing feelings of economic pressure. Consumer debt, however, directly predicts changes in marital conflict, even after controlling for variables in the family stress model. Debts also act indirectly by decreasing depression once economic …