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Research ArticleArticles

Does Money Matter?

A Comparison of the Effect of Income on Child Development in the United States and Great Britain

Alison Aughinbaugh and Maury Gittleman
Journal of Human Resources, March 2003, 38 (2) 416-440; DOI: https://doi.org/10.3368/jhr.38.2.416
Alison Aughinbaugh
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Maury Gittleman
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Abstract

In this paper, we examine the effect of income on child development in the United States and the United Kingdom, as measured by scores on cognitive, behavioral, and social assessments. In line with previous results for the United States, we find that for both countries income generally has an effect on child development that is positive and significant, but whose size is small relative to other family background variables.

  • Received March 2001.
  • Accepted May 2002.

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Journal of Human Resources
Vol. 38, Issue 2
31 Mar 2003
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Does Money Matter?
Alison Aughinbaugh, Maury Gittleman
Journal of Human Resources Mar 2003, 38 (2) 416-440; DOI: 10.3368/jhr.38.2.416

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Does Money Matter?
Alison Aughinbaugh, Maury Gittleman
Journal of Human Resources Mar 2003, 38 (2) 416-440; DOI: 10.3368/jhr.38.2.416
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