Childhood Income Volatility and Adult Outcomes. University of Kentucky Center for Poverty Research Discussion Paper Series, DP2012-03

Autor/in	Hardy, Bradley
Institution	University of Kentucky Center for Poverty Research
Titel	Childhood Income Volatility and Adult Outcomes. University of Kentucky Center for Poverty Research Discussion Paper Series, DP2012-03
Quelle	(2012), (45 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
ISSN	1936-9379
Schlagwörter	Correlation; Family Income; Socioeconomic Influences; Children; Adults; Dropouts; High School Students; Educational Attainment; Mobility; Labor Market; Generational Differences; Longitudinal Studies; Statistical Analysis; Gender Differences; Racial Differences; Ethnic Groups; Human Capital; Economic Factors; Michigan + Suchen Sie Ihr Suchwort? Korrelation; Familieneinkommen; Sozioökonomischer Faktor; Child; Kind; Kinder; Drop-out; Drop-outs; Dropout; Early leavers; Schulversagen; High school; High schools; Student; Students; Oberschule; Schüler; Schülerin; Studentin; Bildungsabschluss; Bildungsgut; Mobilität; Mobilitätsförderung; Labour market; Arbeitsmarkt; Longitudinal study; Longitudinal method; Longitudinal methods; Längsschnittuntersuchung; Statistische Analyse; Geschlechterkonflikt; Rassenunterschied; Ethnie; Humankapital; Ökonomischer Faktor
Abstract	Using data linked across generations in the Panel Study of Income Dynamics, I estimate the relationship between exposure to volatile income during childhood and a set of socioeconomic outcomes in adulthood. The empirical framework is an augmented intergenerational income mobility model that includes controls for income volatility. I measure income volatility at the family level in two ways. First, instability as measured by squared deviations around a family-specific mean, and then as percent changes of 25 percent or more. Volatility enters the model both separately and interacted with income level. I find that family income instability during childhood has a small, positive association with high school dropout--one which appears driven by volatility among children from lower income households. Evidence suggests that volatility exposure generally has a minimal impact on intergenerational outcomes relative to permanent income. (As Provided).
Anmerkungen	University of Kentucky Center for Poverty Research. 302D Mathews Building, Lexington, KY 40506. Tel: 859-257-7641; Fax: 859-257-6959; e-mail: ukcpr@uky.edu; Web site: http://www.ukcpr.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01