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How Does Household Income Affect Child Personality Traits and Behaviors?
Randall Akee1, William Copeland2, E Jane Costello2
1UCLA Department of Public Policy, 3250 Public Affairs Building, Los Angeles, CA 90095.
Abstract:
We examine the effects of a quasi-experimental unconditional household income transfer on child emotional and behavioral health and personality traits. Using longitudinal data, we find that there are large beneficial effects on children's emotional and behavioral health and personality traits during adolescence. We find evidence that these effects are most pronounced for children who start out with the lowest initial endowments. The income intervention also results in improvements in parental relationships which we interpret as a potential mechanism behind our findings.
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