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Title: Borrowing Constraints on Families with Young Children
Resulting in 1 citation.
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Caucutt, Elizabeth M. Lochner, Lance John |
Borrowing Constraints on Families with Young Children Presented: Cleveland, OH, Federal Reserve Bank of Cleveland Research Department Conference on Innovation in Education, November 17-18, 2005. Cohort(s): Children of the NLSY79, NLSY79 Publisher: Federal Reserve Bank of Cleveland Keyword(s): Children, Academic Development; Debt/Borrowing; Family Background and Culture; Family Income; Family Structure; Mothers, Race; Parental Investments; Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading); Test Scores/Test theory/IRT Permission to reprint the abstract has not been received from the publisher. This study investigates the role of family income and borrowing constraints in determining early invest-ments in children and youth achievement scores. As figure 3 shows, youths raised in families in the bottom third of the income distribution are much less likely to be among the highest PIAT test scorers (at ages 13–14) than are those in middle- and high-income groups.3 While more than 50 percent of all 13- to 14-year-olds in the top tercile of the income distribution are in the top third of the test-score distribution, fewer than 20 percent of those in the bottom income tercile managed such scores. These findings raise the natural question: To what extent do family borrowing constraints during early childhood and adolescence influence early investments in chil-dren, cognitive achievement levels, and ultimately college attendance and completion? Summary from Slides of the oral presentation at the conference. [Editor] Schooling Outcomes and Family Income
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Bibliography Citation
Caucutt, Elizabeth M. and Lance John Lochner. "Borrowing Constraints on Families with Young Children." Presented: Cleveland, OH, Federal Reserve Bank of Cleveland Research Department Conference on Innovation in Education, November 17-18, 2005.. |