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The Effect Of Income On Child Development

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Author Info
David M. Blau

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Abstract

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. © 2000 by the President and Fellows of Harvard College and the Massachusetts Institute of Technolog

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Publisher Info
Article provided by MIT Press in its journal The Review of Economics and Statistics.

Volume (Year): 81 (1999)
Issue (Month): 2 (May)
Pages: 261-276
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Handle: RePEc:tpr:restat:v:81:y:1999:i:2:p:261-276

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Web page: http://mitpress.mit.edu/journals/

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This page was last updated on 2009-11-16.

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