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ERIC Number: ED539522
Record Type: Non-Journal
Publication Date: 2006
Pages: 54
Abstractor: As Provided
Reference Count: 55
Black-White Achievement Gap and Family Wealth. National Poverty Center Working Paper Series #07-02
Yeung, W. Jean; Conley, Dalton
National Poverty Center, University of Michigan
This paper examines the extent to which family wealth affects the race-child achievement association for young children based on data from the Panel Study of Income Dynamics. We found little evidence that wealth mediates the black-white test scores gap. However, liquid assets, particularly holding in stocks and mutual funds, are positively associated with school-aged children's test scores. We speculate that this may partly reflect unmeasured personality traits of the parents such as a stronger future orientation or the financial savvy. We also found that the association was mediated through both material deprivation and family processes pathways. We made an attempt to strengthen the causal inference between wealth and children's test scores with the instrumental variable approach, the results were nevertheless inconclusive. (Contains 11 tables.)
National Poverty Center, University of Michigan. Joan and Sanford Weill Hall Suite 5100, 735 South State Street, Ann Arbor, MI 48109. Tel: 734-615-5312; Fax: 734-615-8047; e-mail:; Web site:
Publication Type: Reports - Research
Education Level: Early Childhood Education; Elementary Education; Elementary Secondary Education; Kindergarten; Preschool Education
Audience: N/A
Language: English
Sponsor: National Institute of Child Health and Human Development (NIH)
Authoring Institution: National Poverty Center
Identifiers - Assessments and Surveys: National Assessment of Educational Progress