Black-white achievement gap and family wealth. |
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| Authors: | W Jean Yeung Dalton Conley |
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| Institution: | Department of Sociology, New York University, New York, NY 10012, USA. jean.yeung@nyu.edu |
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| Abstract: | This article examines the extent to which family wealth affects the Black-White test score gap for young children based on data from the Panel Study of Income Dynamics (aged 3-12). This study found little evidence that wealth mediated the Black-White test scores gaps, which were eliminated when child and family demographic covariates were held constant. However, family wealth had a stronger association with cognitive achievement of school-aged children than that of preschoolers and a stronger association with school-aged children's math than on their reading scores. Liquid assets, particularly holdings in stocks or mutual funds, were positively associated with school-aged children's test scores. Family wealth was associated with a higher quality home environment, better parenting behavior, and children's private school attendance. |
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