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Income effects on children’s life satisfaction: longitudinal evidence for England

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  • Knies, Gundi

Abstract

Using longitudinal data for children aged 10-15 years living in England in 2009-2014 we test the hypothesis that income matters for children’s life satisfaction. The results suggest that children are more satisfied with life the more income their family has. Income effects are larger the less income the family has and statistically significant for children from the age of 13. Overall, the effects are small and governments aiming to increase population well-being in this group may expect greater returns from addressing satisfaction gaps experienced during school holidays and focussing on British/Irish white males and females from ethnic minority backgrounds.

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  • Knies, Gundi, 2017. "Income effects on children’s life satisfaction: longitudinal evidence for England," ISER Working Paper Series 2017-02, Institute for Social and Economic Research.
    • Handle: RePEc:ese:iserwp:2017-02
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    Cited by:

    1. Gwyther Rees, 2019. "Variations in Children’s Affective Subjective Well-Being at Seven Years Old: an Analysis of Current and Historical Factors," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 12(1), pages 141-160, February.
    2. Gill Main, 2019. "Money Matters: a Nuanced Approach to Understanding the Relationship between Household Income and Child Subjective Well-Being," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 12(4), pages 1125-1145, August.
    3. Kenisha Russell Jonsson & Joan Busfield & Marita Södergren & Miia Karen & Nicholas Kofi Adjei, 2020. "Social Capital, Deprivation and Psychological Well-Being among Young Adolescents: A Multilevel Study from England and Wales," IJERPH, MDPI, vol. 17(10), pages 1-19, May.

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