Homeownership and School Outcomes of Children: Evidence from Psid Child Supplement Data

27 Pages Posted: 2 Nov 2005

See all articles by Lisa Mohanty

Lisa Mohanty

CUNY College of Staten Island; University of Michigan at Dearborn - Department of Social Sciences

Lakshmi K. Raut

U.S. Social Security Administration

Date Written: March 29, 2003

Abstract

Using the PSID Child Supplement and PSID main datasets, we examine whether homeownership has positive effects on child outcomes after correcting for selectivity bias and controlling for the independent effects of home environment, neighborhood quality, residential stability, and income. After correcting for selectivity bias we find no independent effect of homeownership, but we noted positive, significant effects of home environment and neighborhood quality on child outcomes. Subsidized homeownership can lead to better child outcomes to the extent that it places a child in a better home environment, in a more stable residence, and in a better neighborhood.

Keywords: Homeownership, child development, neighborhood effect

JEL Classification: I21, R31

Suggested Citation

Mohanty, Lisa and Raut, Lakshmi K., Homeownership and School Outcomes of Children: Evidence from Psid Child Supplement Data (March 29, 2003). Available at SSRN: https://ssrn.com/abstract=832409 or http://dx.doi.org/10.2139/ssrn.832409

Lisa Mohanty

CUNY College of Staten Island ( email )

NY
United States

University of Michigan at Dearborn - Department of Social Sciences ( email )

Dearborn, MI 48128
United States
1-313-593-5155 (Phone)
1-313-593-5645 (Fax)

Lakshmi K. Raut (Contact Author)

U.S. Social Security Administration ( email )

Room #833
500 E Street, SW
Washington, DC 20254
United States
202-358-6513 (Phone)
202-358-6192 (Fax)

HOME PAGE: http://https://sites.google.com/site/lakshmiraut

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