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Parental Wealth and Children's Cognitive Ability, Mental, and Physical Health: Evidence From the UK Millennium Cohort Study

Moulton, V; Goodman, A; Nasim, B; Ploubidis, GB; Gambaro, L; (2020) Parental Wealth and Children's Cognitive Ability, Mental, and Physical Health: Evidence From the UK Millennium Cohort Study. Child Development 10.1111/cdev.13413. (In press). Green open access

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Abstract

This article investigates the influence of wealth, a frequently neglected aspect of the economic circumstances of families, on children’s development. Using the UK Millennium Cohort Study, it explores whether parental wealth (net total wealth, net housing wealth, net financial wealth, and house value) is associated with children’s cognitive ability, mental, and physical health at age 11 (N = 8,645), over and above parental socioeconomic status and economic resources, in particular permanent income. Housing wealth was associated with fewer emotional and behavioral problems, independent of the full set of controls. Children’s verbal cognition and general health were more strongly associated with family permanent income and socioeconomic characteristics than with wealth.

Type: Article
Title: Parental Wealth and Children's Cognitive Ability, Mental, and Physical Health: Evidence From the UK Millennium Cohort Study
Location: United States
Open access status: An open access version is available from UCL Discovery
DOI: 10.1111/cdev.13413
Publisher version: https://doi.org/10.1111/cdev.13413
Language: English
Additional information: Copyright © 2020 The Authors. Child Development published by Wiley Periodicals LLC on behalf of Society for Research in Child Development. This is an open access article under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > School of Education
UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education
UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education > IOE - Social Research Institute
URI: https://discovery.ucl.ac.uk/id/eprint/10110507
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