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Full-Text Articles in Social Work
Determinants Of Asset Building, Sondra G. Beverly, Michael Sherraden, Min Zhan, Trina R. Williams Shanks, Yunju Nam, Reid Cramer
Determinants Of Asset Building, Sondra G. Beverly, Michael Sherraden, Min Zhan, Trina R. Williams Shanks, Yunju Nam, Reid Cramer
Center for Social Development Research
Determinants of Asset Building
Parental Assets: A Pathway To Positive Child Educational Outcomes, Michal Grinstein-Weiss, Yeong H. Yeo, Kate Irish, Min Zhan
Parental Assets: A Pathway To Positive Child Educational Outcomes, Michal Grinstein-Weiss, Yeong H. Yeo, Kate Irish, Min Zhan
Center for Social Development Research
A growing body of evidence suggests parental assets have positive effects on children’s well-being. Using 2004 data from the Survey of Income and Program Participation, this study tests the effect of parental asset holding on child educational outcomes, and explores whether this relationship is mediated by parental involvement and expectations. Results indicate that assets are a significant predictor of all child academic outcomes of our study, however income is not a significant predictor for school outcomes when controlling for assets. The mediation analyses show the effect of assets on school outcomes is mediated by two of the three parenting measures: …
Raising Parent Expectations: Can Wealth And Parent College Accounts Help?, William Elliott Iii, Kristen Wagner
Raising Parent Expectations: Can Wealth And Parent College Accounts Help?, William Elliott Iii, Kristen Wagner
Center for Social Development Research
For many children, especially minority and low-income children, attending college is a genuinely desired but elusive goal. Research on aspirations and expectations provides a way to understand the gap between what children desire and what they actually expect to happen. This study examines the potential role of children’s college accounts (CCAs) as a way to reduce the gap between aspirations and expectations among at-risk children. I find that only 39 percent of children without savings for college expect to attend college; there is an aspirations/expectations gap of 41 percentage points among children with CCAs. Moreover, children with a CCA are …