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Asset Trajectories And Child Outcomes: Implications For Asset-Based Policies, Vernon Loke May 2009

Asset Trajectories And Child Outcomes: Implications For Asset-Based Policies, Vernon Loke

All Theses and Dissertations (ETDs)

Wealth is increasingly recognized as an important determinant in children's human capital trajectories, and a number of countries have proposed or implemented asset-building policies targeting children. Much of the research on assets, however, has focused on the predictors of asset holding, and little is known about asset accumulation trajectories. This is especially so for families with young children. In addition, while studies have demonstrated the positive effects of assets on children's outcomes, few have examined the effects of different asset accumulation patterns and trajectories. This dissertation uses structural equation modeling techniques, including growth mixture models, to further clarify and specify …