Family Savings and Children's Non-Cognitive and Cognitive Development: Evidence from China

  • Yongjin Chen
  • , Kuiyun Zhi
  • , Jin Huang

    Research output: Contribution to journalArticlepeer-review

    2 Scopus citations

    Abstract

    Previous research has found positive correlations of family assets with children's cognitive and non-cognitive development in separate studies. The association between family assets and children's cognitive development is mediated by parental engagement in education. Using a sample (N = 3,435) from a nationally representative household survey in China, we examine whether family savings for children are associated with parental engagement as well as children's non-cognitive and cognitive development. Children's self-control scores and academic performance are used to measure their non-cognitive and cognitive development. Consistent with prior literature, results suggest that family savings for children are positively associated with all three dependent variables: parental engagement in education, children's self-control, and academic performance. In addition, parental engagement in education is a mediator between family savings and child development. The association between family savings and children's cognitive development is also partially mediated by their non-cognitive development. Practice and policy implications are discussed.

    Original languageEnglish
    Article number106228
    JournalChildren and Youth Services Review
    Volume130
    DOIs
    StatePublished - Nov 2021

    Keywords

    • Child development
    • Cognitive development
    • Family savings
    • Non-cognitive development
    • Parental engagement

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