TY - JOUR PY - 2010// TI - Parents' Incomes and Children's Outcomes: A Quasi-Experiment Using Transfer Payments from Casino Profits JO - American economic journal: applied economics A1 - Akee, Randall K. Q. A1 - Copeland, William E. A1 - Keeler, Gordon A1 - Angold, Adrian A1 - Costello, E. Jane SP - 86 EP - 115 VL - 2 IS - 1 N2 - We examine the role an exogenous increase in household income, due to a government transfer unrelated to household characteristics, plays in children's long-run outcomes. Children in affected households have higher levels of education in their young adulthood and a lower incidence of criminality for minor offenses. Effects differ by initial household poverty status. An additional $4,000 per year for the poorest households increases educational attainment by one year at age 21, and reduces the chances of committing a minor crime by 22 percent for 16 and 17 year olds. Our evidence suggests improved parental quality is a likely mechanism for the change. (JEL D14, H23, I32, I38, J13)

LA - SN - 1945-7782 UR - http://dx.doi.org/10.1257/app.2.1.86 ID - ref1 ER -