Cooper, Kerris and Stewart, Kitty 
ORCID: 0000-0001-7744-8741
(2013)
Does money affect children’s outcomes?
CASEreports (80).
Centre for Analysis of Social Exclusion, London, UK.
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Abstract
This report examines whether money has a causal impact on children’s outcomes. There is abundant evidence that children growing up in lower income households do less well than their peers on a range of wider outcomes, including measures of health and education. But is money important in itself, or do these associations simply reflect other differences between richer and poorer households, such as levels of parental education or attitudes towards parenting? Children in low-income households do less well than their better-off peers on many outcomes in life, such as education or health, simply because they are poorer. While a parent's level of education, attitude towards bringing up children and other parental factors also have a bearing, research shows that having more money directly improves the development and level of achievement of children. Increases in family income substantially reduce differences in schooling outcomes and improve wider aspects of a child’s well-being. Cognitive development and school achievement were most improved by having more money. Conversely, reductions in family income, including benefit cuts, are likely to have wide-ranging negative effects. Money seems to have more of an effect among low-income families.
| Item Type: | Monograph (Report) |
|---|---|
| Official URL: | http://sticerd.lse.ac.uk/case/ |
| Additional Information: | © 2013 LSE & CASE |
| Divisions: | Social Policy Centre for Analysis of Social Exclusion |
| Subjects: | H Social Sciences > HN Social history and conditions. Social problems. Social reform H Social Sciences > HQ The family. Marriage. Woman |
| Date Deposited: | 19 Nov 2013 12:10 |
| Last Modified: | 12 Dec 2024 06:00 |
| Funders: | Joseph Rowntree Foundation |
| URI: | http://eprints.lse.ac.uk/id/eprint/54435 |
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