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Title: The Effect of Income on Child Development
Resulting in 1 citation.
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Blau, David M. |
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The Effect of Income on Child Development Review of Economics and Statistics 81,2 (May 1999): 261-276. Also: http://www.jstor.org/stable/2646864 Cohort(s): Children of the NLSY79 Publisher: Harvard University Press Keyword(s): Behavior Problems Index (BPI); Child Care; Endogeneity; Fertility; Home Observation for Measurement of Environment (HOME); Morbidity; Mortality; Motor and Social Development (MSD); Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading); Peabody Picture Vocabulary Test (PPVT); Poverty; Siblings; Verbal Memory (McCarthy Scale) Permission to reprint the abstract has not been received from the publisher. This study presents estimates of the effect of parental income on children's cognitive, social, and emotional development. The effect of current income is small, especially when income is treated as endogenous. The effect of 'permanent' income is substantially larger, but relatively small, when compared to the magnitude of recent policy-induced changes in income. Family background characteristics play a more important role than income in determining child outcomes. Policies that affect family income will have little direct impact on child development unless they result in very large and permanent changes in income. |
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Bibliography Citation
Blau, David M. "The Effect of Income on Child Development." Review of Economics and Statistics 81,2 (May 1999): 261-276.
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