Mardi | 2016-02-02
16h00-17h20 en Sully 5

andrew CLARK – MARTA BARAZZETTA – CONCHITA D’AMBROSIO

We here consider the adult cognitive and non-cognitive consequences of growing up with a mother who reported major financial problems. Data from the Avon Longitudinal Study of Parents and Children show that mother’s major financial problems are associated with worse cognitive and non-cognitive outcomes in adolescence, even after controlling for both income and a set of standard variables. Further, the major financial problems effect is larger in size than that of income. Distinguishing by child age when the problems occurred, we find a larger effect on physical health for financial problems in early childhood, with no difference between early and late circumstances for all the other cognitive and non-cognitive outcomes.