Informal Support Networks in the Survey of Consumer Finances

Aditya Aladangady, Jesse Bricker, Andrew C. Chang, Sarena Goodman and Gina Li
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Jesse Bricker: https://www.federalreserve.gov/econres/jesse-bricker.htm
Andrew C. Chang: https://www.federalreserve.gov/econres/andrew-c-chang.htm
Sarena Goodman: https://www.federalreserve.gov/econres/sarena-f-goodman.htm
Gina Li: https://www.federalreserve.gov/econres/gina-li.htm

No 2026-10-09-6, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Informal support networks, the interpersonal connections through which families provide or receive financial and practical assistance, constitute a critical but often invisible component of the U.S. economy. These networks can serve many of the same functions as wealth: shaping key economic decisions around saving, spending, and labor supply and providing an important buffer against adverse shocks (McGarry 2016; Bergeot et al., 2025).

Date: 2026-10-09
New Economics Papers: this item is included in nep-inv
Note: Authors acknowledge assistance from Jack Duncan.
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:103910

DOI: 10.17016/2380-7172.4195

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