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Changes in Parental Assets and Children's Educational Outcomes

Bibliographic Data

ID2115231
AuthorsVernon Loke (0000-0001-9306-7260, Eastern Washington University), Paul Sacco (0000-0002-2800-9571, University of Maryland, Baltimore)
Year2011
Volume40
Issue2
Pages351-368
Publication date2011-04-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Social Policy (JOURNAL)
Journal identifiersISSN: 0047-2794 • E-ISSN: 1469-7823
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0047279410000516
OpenAlexW2070660254
LanguageEN
Citations received13
References cited21

Several countries, including Canada, Singapore and the United Kingdom, have enacted asset-based policies for children in recent years. The premise underlying these policies is that increases in assets lead to improvement in various child outcomes over time. But little existing research examines this premise from a dynamic perspective. Using data from the NLSY79 mother and child datasets, two parallel process latent growth curve models are estimated to examine the effects of parental asset accumulation on changes in children's achievements over six years during middle childhood. Results indicate that the initial level of assets is positively associated with math scores, but not reading scores, while faster asset accumulation is associated with changes in reading scores, but not in math scores. Overall, the results suggest that the relationship between assets and various child outcomes may not be straight-forward. Different dimensions of the asset experience may lead to different outcomes, and the same dimension may also have different effects. Implications for future research and for asset-based policies are discussed

Asset (computer security) · Developmental psychology · Dimension (graph theory) · Economics · Perspective (graphical) · Political science · Premise · Reading (process) · Computer Science · Early Childhood Education and Development · Financial Literacy, Pension, Retirement Analysis · Intergenerational and Educational Inequality Studies · Psychology

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Unique citing works13
Citations per year0,87
Citation span2011 - 2025 (15)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 12

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