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Home Ownership and School Outcomes of Children: Evidence from the PSID Child Development Supplement

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  • Lisa L. Mohanty
  • Lakshmi K. Raut

Abstract

Using the PSID Child Development Supplement (CDS) and the corresponding PSID main data sets, we examine whether home ownership has positive effects on the academic achievement of children after correcting for selectivity bias and controlling for home environment, neighborhood quality, residential stability, and income. While we find no independent effects of home ownership, there are positive significant effects of home environment, neighborhood quality, and residential stability on the reading and math performance of children between the ages of three and twelve. The main policy implication of our study is that improvement of a child's home environment, residential stability, and the quality of the neighborhood is more important than ownership of a home to achieve better child outcomes. Subsidized home ownership can lead to better child outcomes to the extent that it places a child in a better home environment, in a more stable residence, and in a better neighborhood.

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  • Lisa L. Mohanty & Lakshmi K. Raut, 2009. "Home Ownership and School Outcomes of Children: Evidence from the PSID Child Development Supplement," American Journal of Economics and Sociology, Wiley Blackwell, vol. 68(2), pages 465-489, April.
    • Handle: RePEc:bla:ajecsc:v:68:y:2009:i:2:p:465-489
    DOI: 10.1111/j.1536-7150.2009.00635.x
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    Cited by:

    1. Heckman, James J. & Raut, Lakshmi K., 2016. "Intergenerational long-term effects of preschool-structural estimates from a discrete dynamic programming model," Journal of Econometrics, Elsevier, vol. 191(1), pages 164-175.
    2. Pinka Chatterji & Dohyung Kim & Kajal Lahiri, 2014. "Birth Weight And Academic Achievement In Childhood," Health Economics, John Wiley & Sons, Ltd., vol. 23(9), pages 1013-1035, September.
    3. Michal Grinstein-Weiss & Clinton Key & Yeong Hun Yeo & Joan Yoo & Krista Holub & Andrea Taylor & Jenna Tucker, 2012. "Homeownership, Neighbourhood Characteristics and Children’s Positive Behaviours among Low- and Moderate-income Households," Urban Studies, Urban Studies Journal Limited, vol. 49(16), pages 3545-3563, December.
    4. Lakshmi Raut, 2018. "Long-term Effects of Preschool on School Performance, Earnings and Social Mobility," Studies in Microeconomics, , vol. 6(1-2), pages 24-49, June.
    5. Aarland, Kristin & Santiago, Anna Maria & Galster, George C. & Nordvik, Viggo, 2021. "Childhood Housing Tenure and Young Adult Educational Outcomes: Evidence from Sibling Comparisons in Norway," Journal of Housing Economics, Elsevier, vol. 54(C).
    6. Goodman, Sarena & Messeri, Peter & O'Flaherty, Brendan, 2016. "Homelessness prevention in New York City: On average, it works," Journal of Housing Economics, Elsevier, vol. 31(C), pages 14-34.
    7. Grinstein-Weiss, Michal & Williams Shanks, Trina R. & Manturuk, Kim R. & Key, Clinton C. & Paik, Jong-Gyu & Greeson, Johann K.P., 2010. "Homeownership and parenting practices: Evidence from the community advantage panel," Children and Youth Services Review, Elsevier, vol. 32(5), pages 774-782, May.
    8. Allison Ross & Craig A. Talmage & Mark Searle, 2019. "Toward a Flourishing Neighborhood: the Association of Happiness and Sense of Community," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 14(5), pages 1333-1352, November.
    9. Cordes, Sarah A. & Schwartz, Amy Ellen & Elbel, Brian, 2023. "The effects of owner-occupied housing on student outcomes: Evidence from NYC," Regional Science and Urban Economics, Elsevier, vol. 98(C).
    10. Blau, David M. & Haskell, Nancy L. & Haurin, Donald R., 2019. "Are housing characteristics experienced by children associated with their outcomes as young adults?," Journal of Housing Economics, Elsevier, vol. 46(C).
    11. Song, Hyun-a & Elliott, William, 2011. "The role of assets in improving college attainment among Hispanic immigrant youth in the U.S," Children and Youth Services Review, Elsevier, vol. 33(11), pages 2160-2167.

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