What Money Can't Buy

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ISBN: 9780674587342 | 0674587340
Cover: Paperback
Copyright: 9/15/1998

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consumption depends on taste rather than income. Money alone, Mayer concludes, does not buy either the material or the psychological well-being that children require to succeed.

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Introduction
America's Response to Poverty
From Moral Guidance to Income Support
The Cycle Repeats
Changes in Government Expenditures on Poor Children
How Rich and Poor Children Differ
Measures of Children's Well-Being
How Large Are the Differences?
Why Parental Income Might Be Important
Conventional Estimates of the Effect of Income
What Other Studies Show
Re-estimating the Conventional Model
Changes in Parental Income
The "True" Effect of Income
The Source of Income
Income before and after an Outcome
Income and Material Well-Being
How Families Spend Additional Money
Income and Material Hardship
Living Conditions and Children's Outcomes
Income, Psychological Well-Being, and Parenting Practices
Income and Parental Stress
Income and Parenting Practices
More Evidence on the "True" Effect of Income
Trends in Parents' Income and Children's Outcomes
State Welfare Benefits and Children's Outcomes
What Social Experiments Show Helping Poor Children
Raising Parental Income
How Much Is Enough?
Changing Parents' Noneconomic Characteristics
Where the Trouble Begins
Description of the Samples and Variables
Conventional Estimates of the Effect of Income
The "True" Effect of Income
Index
Construction
More Evidence on the "True" Effect of Income
Notes
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

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What Money Can't Buy

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Table of Contents

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What Money Can't Buy

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Table of Contents

Supplemental Materials

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