Reference : Childhood Circumstances and Young Adulthood Outcomes: The Role of Mothers’ Financial ...
Scientific journals : Article
Business & economic sciences : Social economics
http://hdl.handle.net/10993/44606
Childhood Circumstances and Young Adulthood Outcomes: The Role of Mothers’ Financial Problems
English
Clark, Andrew mailto [Paris School of Economics]
d'ambrosio, Conchita mailto [University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS) >]
Barazzetta, Marta []
In press
Health Economics
John Wiley & Sons
Yes (verified by ORBilu)
International
1057-9230
1099-1050
Hoboken
NJ
[en] Income ; Financial problems ; Child Outcomes
[en] 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 value-added 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.
http://hdl.handle.net/10993/44606
FnR ; FNR12677653 > Conchita D'Ambrosio > FESI > Financial Strain and Economic Instability: Effects on Wellbeing and Behaviour over the Life Course > 01/09/2019 > 31/08/2022 > 2018

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