Podvysotska, Tamara
(2022)
Associations between Wealth Components and Children Academic and Behavioral Outcomes.
Master's Thesis, University of Pittsburgh.
(Unpublished)
Abstract
During the last decade wealth of higher-income families has been increasing while that of middle and low-income families has stagnated or decreased, with a clear trajectory of growing debts and lack of assets accumulation. Although there is a growing literature, addressing associations between wealth and child development, little is known about how assets and debts and various asset and debt components relate to children’s development. Using data from the NLSY79, we examined whether assets and debts uniquely contribute to children socio-emotional functioning and education in early childhood (age 5/6), middle childhood (age 9/10), and adolescence (age 13/14). Assets related to lower internalizing and externalizing problems and more advanced math outcomes in all age groups. Debts increased externalizing and internalizing behavior problems and were not related to math outcomes in all age groups, however contrary to our expectations debts increased reading outcomes in adolescence. Moreover, assets and debt subcomponents were found differentially related to behavioral and academic functioning over the course of childhood and adolescence. Cash savings were found consistently and positively related to both math and reading outcomes for children in all age groups, and none of the debt components excluding car debts in early childhood was found significantly associated with either math or reading. Home residence, cash savings and possessions subcomponents were linked to decrease in behavior problems, when other debts were linked to increase in behavior problems of children in all age groups.
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Details
| Item Type: |
University of Pittsburgh ETD
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| Status: |
Unpublished |
| Creators/Authors: |
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| ETD Committee: |
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| Date: |
13 August 2022 |
| Date Type: |
Publication |
| Defense Date: |
6 December 2021 |
| Approval Date: |
11 November 2024 |
| Submission Date: |
4 August 2022 |
| Access Restriction: |
No restriction; Release the ETD for access worldwide immediately. |
| Number of Pages: |
77 |
| Institution: |
University of Pittsburgh |
| Schools and Programs: |
Dietrich School of Arts and Sciences > Psychology |
| Degree: |
MS - Master of Science |
| Thesis Type: |
Master's Thesis |
| Refereed: |
Yes |
| Uncontrolled Keywords: |
family wealth, wealth components, child development, achievement, behavior problems |
| Date Deposited: |
11 Nov 2024 18:50 |
| Last Modified: |
11 Nov 2024 20:45 |
| URI: |
http://d-scholarship.pitt.edu/id/eprint/43488 |
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