Childhood circumstances and young adult outcomes: the role of mothers' financial problems

Andrew Clark, D’Ambrosio, Conchita and Marta Barrazzetta
Authors registered in the RePEc Author Service: Conchita D'Ambrosio

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: We here consider the cognitive and non-cognitive consequences on young adults of growing up with a mother who reported experiencing major financial problems. We use UK data from the Avon Longitudinal Study of Parents and Children to show that early childhood financial problems are associated with worse adolescent cognitive and non-cognitive outcomes, controlling for both income and a set of standard variables, and in valueadded models controlling for children’s earlier age-5 outcomes. The estimated effect of financial problems is almost always larger in size than that of income. Around one-quarter to one-half of the effect of financial problems on the non-cognitive outcomes seems to transit through mother’s mental health.

Keywords: income; financial problems; child outcomes; subjective well-being; behaviour; education; ALSPAC (search for similar items in EconPapers)
JEL-codes: D60 I31 I32 (search for similar items in EconPapers)
Pages: 59 pages
Date: 2019-03
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://eprints.lse.ac.uk/102630/ Open access version. (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:102630

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().