PT - JOURNAL ARTICLE AU - Aughinbaugh, Alison AU - Gittleman, Maury TI - Does Money Matter? AID - 10.3368/jhr.XXXVIII.2.416 DP - 2003 Mar 31 TA - Journal of Human Resources PG - 416--440 VI - XXXVIII IP - 2 4099 - http://jhr.uwpress.org/content/XXXVIII/2/416.short 4100 - http://jhr.uwpress.org/content/XXXVIII/2/416.full SO - J Hum Resour2003 Mar 31; XXXVIII AB - 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.