Asset holding and educational attainment among African American youth

William Elliott, Kevin Kim, Hyunzee Jung, Min Zhan

Research output: Contribution to journalArticlepeer-review


This study extends previous analyses in several ways. First, in addition to parental wealth, the relationship between children's wealth and math and reading scores are examined. Second, we examine different mediating pathways that wealth may affect children's math and reading scores in a single path analysis model. The advantage of path analysis over traditional regression analyses, which are typically used in this area, is that researchers can get a glimpse of relationships among variables. Furthermore, mediation can be tested more easily and extensively in path analysis compared to regression. Third, we examine whether different forms of wealth (net worth, homeownership, and children's savings for school) have different effects. Forth, we examine whether wealth (parental and/or children's) effects vary across racial groups.

Original languageEnglish (US)
Pages (from-to)1497-1507
Number of pages11
JournalChildren and Youth Services Review
Issue number11
StatePublished - Nov 2010


  • Assets
  • Child Development Accounts
  • Children's school savings
  • Math
  • Panel Study of Income Dynamics
  • Reading

ASJC Scopus subject areas

  • Education
  • Developmental and Educational Psychology
  • Sociology and Political Science


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