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The role of child and parent savings in promoting expectations for university education among middle school students in Ghana: A propensity score analysis

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  • Ansong, David
  • Wu, Shiyou
  • Chowa, Gina A.N.

Abstract

The volume of research on high educational expectations among young people is increasing. Yet, there are still research gaps in what we know about the key predictors of young people's educational expectations, especially in the Sub-Saharan African context. This study aims to complement existing research on asset effects by testing two related propositions about how child and parent savings relate independently to children's expectations for university education. We use propensity score analysis with data from a random sample of junior high school students in Ghana. Findings reveal that parent savings are positively associated with higher probability of children having higher educational expectation. We also find that parents' savings have stronger effect on children's educational expectations compared to children's savings. We discuss implications for early exposure of young people to savings opportunities and its potential to ensure educational progression and optimum psychological and economic benefits to students.

Suggested Citation

  • Ansong, David & Wu, Shiyou & Chowa, Gina A.N., 2015. "The role of child and parent savings in promoting expectations for university education among middle school students in Ghana: A propensity score analysis," Children and Youth Services Review, Elsevier, vol. 58(C), pages 265-273.
    • Handle: RePEc:eee:cysrev:v:58:y:2015:i:c:p:265-273
    DOI: 10.1016/j.childyouth.2015.08.009
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    References listed on IDEAS

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    Cited by:

    1. Zachary K. Collier & Walter L. Leite & Allison Karpyn, 2021. "Neural Networks to Estimate Generalized Propensity Scores for Continuous Treatment Doses," Evaluation Review, , vol. 45(1-2), pages 3-33, February.
    2. David Ansong & Gina Chowa & Rainier Masa & Mathieu Despard & Michael Sherraden & Shiyou Wu & Isaac Osei-Akoto, 2019. "Effects of Youth Savings Accounts on School Attendance and Academic Performance: Evidence from a Youth Savings Experiment," Journal of Family and Economic Issues, Springer, vol. 40(2), pages 269-281, June.
    3. Shiyou Wu & Mathieu R. Despard & Gina Chowa, 2017. "The Role of Parents in Introducing Children to Financial Services: Evidence from Ghana-YouthSave," Journal of Family and Economic Issues, Springer, vol. 38(3), pages 453-462, September.
    4. Sofien Tiba & Mohamed Frikha, 2020. "Sustainability Challenge in the Agenda of African Countries: Evidence from Simultaneous Equations Models," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 1270-1294, September.
    5. Ansong, David & Okumu, Moses & Hamilton, Eric R. & Chowa, Gina A. & Eisensmith, Sarah R., 2018. "Perceived family economic hardship and student engagement among junior high schoolers in Ghana," Children and Youth Services Review, Elsevier, vol. 85(C), pages 9-18.

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