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Source: Brigham Young University

Resulting in 3 citations.

1.	Bahr, Stephen J.
1.	Effects of Income and Assets on Marital Instability: A Longitudinal Analysis Working Paper, Provo UT: Brigham Young University, 1977 Cohort(s): Young Women Publisher: Brigham Young University Keyword(s): Assets; Ethnic Groups/Ethnicity; Family Resources; Marital Instability Permission to reprint the abstract has not been received from the publisher. This study investigates the effects of income and assets on marital stability. The results show that total family assets, expected family income, and ethnic status significantly influence marital instability. For older couples, assets appear more important; whereas, expected family income had somewhat greater affect among younger couples. Being black and having few assets and a low expected income increased marital instability approximately six times.
	Bibliography Citation Bahr, Stephen J. "Effects of Income and Assets on Marital Instability: A Longitudinal Analysis." Working Paper, Provo UT: Brigham Young University, 1977.

2.	Price, Joseph P.
2.	The Effect of Parental Time Investments: Evidence from Natural Within-Family Variation Working Paper, Department of Economics, Brigham Young University, 2010 Cohort(s): Children of the NLSY79, NLSY79 Publisher: Brigham Young University Keyword(s): American Time Use Survey (ATUS); Birth Order; Births, Repeat / Spacing; Family Income; Family Resources; Home Observation for Measurement of Environment (HOME); Modeling, Fixed Effects; Parent-Child Interaction; Parental Investments; Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading); Peabody Picture Vocabulary Test (PPVT); Siblings; Time Use Permission to reprint the abstract has not been received from the publisher. Firstborn children receive more parental time investments, and this difference is larger when children are spaced further apart in age. I use this natural within-family variation to estimate the effect of parental time investments on children’s reading test scores. Having an instrumental variable for parent–child reading is crucial since parents invest more time with the lower-performing child, leading to downward bias of the effects of parental time investments. I find that an extra day per week of parent–child reading during the first ten years of life raises a child’s performance on standardized reading tests by about half of a standard deviation.
	Bibliography Citation Price, Joseph P. "The Effect of Parental Time Investments: Evidence from Natural Within-Family Variation." Working Paper, Department of Economics, Brigham Young University, 2010.

3.	Price, Joseph P.
3.	Time vs. Money: Which Resources Matter for Children? Working Paper, Department of Economics, Brigham Young University, 2007. Cohort(s): Children of the NLSY79 Publisher: Brigham Young University Keyword(s): American Time Use Survey (ATUS); Behavior Problems Index (BPI); Birth Order; Family Resources; Modeling, Fixed Effects; Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading); Siblings Permission to reprint the abstract has not been received from the publisher. Parents face a number of decisions that involve a trade-off between the amount of time and money they can provide their children. This paper estimates the relative impact of parental time and family income on child outcomes. Parents generally allocate resources equally among their children at each point in time but the amount of resources available to distribute changes over time. As a result the first-born child gets more parental time while the second child experiences a higher level of family income at each age. Using this within-family variation in resources received by each child, I find that for the average family an hour of quality parent-child quality interaction produces the same amount of reading achievement as $172 of additional family income. Parental time inputs also decrease measures of behavior problems but neither time nor family income appear to influence math achievement.
	Bibliography Citation Price, Joseph P. "Time vs. Money: Which Resources Matter for Children?" Working Paper, Department of Economics, Brigham Young University, 2007.

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