The DOI matches its Crossref record; 41 of the 41 references it cites were found in a registry or an index.
The Impact of Family Income on Child Achievement: Evidence from the Earned Income Tax Credit
Open accessAbstract
Past estimates of the effect of family income on child development have often been plagued by endogeneity and measurement error.In this paper, we use an instrumental variables strategy to estimate the causal effect of income on children's math and reading achievement.Our identification derives from the large, non-linear changes in the Earned Income Tax Credit (EITC) over the last two decades.The largest of these changes increased family income by as much as 20%, or approximately $2,100, between 1993 and 1997.Using a panel of roughly 4,500 children matched to their mothers from National Longitudinal Survey of Youth datasets allows us to address problems associated with unobserved heterogeneity, endogenous transitory income shocks, and measurement error in income.Our baseline estimates imply that a $1,000 increase in income raises combined math and reading test scores by 6% of a standard deviation in the short-run.Test gains are larger for children from disadvantaged families and are robust to a variety of alternative specifications.
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Cited by
Yoshikawa, H., Aber, J. L., & Beardslee, W. R. (2012) · American Psychologist · doi:10.1037/a0028015 · Cited by 1,090
Benefits of early childhood interventions across the world: (Under) Investing in the very young
Nores, M., & Barnett, W. S. (2010) · Economics of Education Review · doi:10.1016/j.econedurev.2009.09.001 · Cited by 586
Family Poverty Affects the Rate of Human Infant Brain Growth
Hanson, J. L., Hair, N., Shen, D. G., Shi, F., Gilmore, J. H., Wolfe, B. L., & Pollak, S. D. (2013) · PLoS ONE · doi:10.1371/journal.pone.0080954 · Cited by 430
Cook, P., Dodge, K., Farkas, G., Fryer, R., Guryan, J., Ludwig, J., Mayer, S., Pollack, H., & Steinberg, L. (2014) · National Bureau of Economic Research · doi:10.3386/w19862 · Cited by 130
Estimating the Technology of Children's Skill Formation
Agostinelli, F., & Wiswall, M. (2016) · doi:10.3386/w22442 · Cited by 83
Metadata
- Authors
- Dahl, G., & Lochner, L.
- Venue
- National Bureau of Economic Research
- Publisher
- National Bureau of Economic Research
- Published
- 2008-12
- OpenAlex
- W3123150236
- Cited by
- 258
- References
- 41
- Type
- report
- Language
- en
- Open access
- green
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