Parents' Incomes and Children's Outcomes: A Quasi-Experiment Using Transfer Payments from Casino Profits

• 成果类型: Article
• 署名作者: Akee, Randall K. Q.; Copeland, William E.; Keeler, Gordon; Angold, Adrian; Costello, E. Jane
• 署名单位: Tufts University; Duke University
• 刊物名称: AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS
• ISSN/ISSBN: 1945-7782
• DOI: 10.1257/app.2.1.86
• 发表日期: 2010
• 页码: 86-115
• 关键词: economic-stress; poverty; crime; IMPACT; youth; money

摘要

We examine the role an exogenous increase in household income, due to a government transfer unrelated to household characteristics, plays in children's long-run outcomes. Children in affected households have higher levels of education in their young adulthood and a lower incidence of criminality for minor offenses. Effects differ by initial household poverty status. An additional $4,000 per year for the poorest households increases educational attainment by one year at age 21, and reduces the chances of committing a minor crime by 22 percent for 16 and 17 year olds. Our evidence suggests improved parental quality is a likely mechanism for the change.