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Nina Bandelj a, Angelina Grigoryeva b, Investment, Saving, and Borrowing for Children: Trends by Wealth, Race, and Ethnicity, 1998–2016, RSF: The Russell Sage Foundation Journal of the Social Sciences, Vol. 7, No. 3, Wealth Inequality and Child Development: Implications for Policy and Practice (August 2021), pp. 50-77
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Bandelj et al. (2021) studied this question.
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