Family income and child cognitive and non-cognitive development in Australia: does money matter?
Article
Article Title | Family income and child cognitive and non-cognitive development in Australia: does money matter? |
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ERA Journal ID | 6007 |
Article Category | Article |
Authors | Khanam, Rasheda (Author) and Nghiem, Son (Author) |
Journal Title | Demography |
Journal Citation | 53 (3), pp. 597-621 |
Number of Pages | 25 |
Year | 2016 |
Place of Publication | United States |
ISSN | 0070-3370 |
1533-7790 | |
Digital Object Identifier (DOI) | https://doi.org/10.1007/s13524-016-0466-x |
Web Address (URL) | http://link.springer.com/article/10.1007/s13524-016-0466-x |
Abstract | This article investigates whether family income affects children’s cognitive and noncognitive development by exploiting comprehensive information from the Longitudinal Study of Australian Children. We include variables that represent parental investment, parental stress, and neighborhood characteristics to examine if these factors mediate the effects of income. Using dynamic panel data, we find that family income is significantly associated with children’s cognitive skills but not with noncognitive skills. Mother’s education, parent’s physical and mental health, parenting styles, child’s own health, and presence of both biological parents are the most important factors for children’s noncognitive development. For cognitive development, income as well as parents’ education, child’s birth weight, and number of books that children have at home are highly significant factors. We also find strong evidence to support the skill formation theory that children’s previous cognitive and noncognitive outcomes are significantly related to their current outcomes. |
Keywords | family income; child cognitive and noncognitive development; health inequalities; panel data; Australia |
ANZSRC Field of Research 2020 | 380108. Health economics |
Public Notes | Files associated with this record may not be displayed. |
Byline Affiliations | School of Commerce |
Queensland University of Technology | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q36w6/family-income-and-child-cognitive-and-non-cognitive-development-in-australia-does-money-matter
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