Parental Debt and Children's Socioemotional Well-being

Pediatrics
Lawrence M Berger, Jason N Houle

Abstract

We estimated associations between total amount of parental debt and of home mortgage, student loan, automobile, and unsecured debt with children's socioemotional well-being. We used population-based longitudinal data from the National Longitudinal Study of Youth 1979 Cohort and Children of the National Longitudinal Study of Youth 1979 Cohort. Our analytic sample consisted of 29 318 child-year observations of 9011 children and their mothers observed annually or biennially from 1986 to 2008. We used the Behavioral Problems Index to measure socioemotional well-being. We used ordinary least squares regressions to estimate between-child associations of amounts and types of parental debt with socioemotional well-being, net of a host of control variables, and regressions with child-specific fixed effects to estimate within-child associations of changes in parental debt with changes in socioemotional well-being, net of all time-constant observed and unobserved confounders. Greater total debt was associated with poorer child socioemotional well-being. However, this association varied by type of debt. Specifically, higher levels of home mortgage and education debt were associated with greater socioemotional well-being for children, where...Continue Reading

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Citations

Aug 5, 2017·Workplace Health & Safety·Nancy Angeline Gnanaselvam, Bobby Joseph
Jul 12, 2019·Demography·Lawrence M Berger, Jason N Houle
Aug 4, 2020·Society and Mental Health·Amy Ruining Sun, Jason N Houle
Jul 1, 2021·SSM - Population Health·Adrianne FrechDmitry Tumin

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