title: Black-white achievement gap and family wealth.
abstract: This article examines the extent to which family wealth affects the Black-White test score gap for young children based on data from the Panel Study of Income Dynamics (aged 3-12). This study found little evidence that wealth mediated the Black-White test scores gaps, which were eliminated when child and family demographic covariates were held constant. However, family wealth had a stronger association with cognitive achievement of school-aged children than that of preschoolers and a stronger association with school-aged children's math than on their reading scores. Liquid assets, particularly holdings in stocks or mutual funds, were positively associated with school-aged children's test scores. Family wealth was associated with a higher quality home environment, better parenting behavior, and children's private school attendance.
authors: Department of Sociology, New York University, New York, NY 10012, USA. jean.yeung@nyu.edu
authors: W Jean
authors: WJ
authors: Yeung
authors: Dalton
authors: D
authors: Conley
mesh_terms: D000124:Achievement; D044383:Black People; D002648:Child; D002675:Child, Preschool; D005190:Family; D005260:Female; D006801:Humans; D007182:Income; D008297:Male; D016487:Parenting; D017149:Private Sector; D012574:Schools; D012931:Social Environment; D012959:Socioeconomic Factors; D044465:White People