Publication Date



This study examines the effects of mothers’ assets (home ownership and savings) on their expectations and children’s educational achievement in female-headed households. Through the analysis of data from the National Survey of Families and Households (NSFH), results indicate that single mothers’ assets have positive effects on children’s educational achievement, and this effect is partially mediated through expectations. The study also finds that the positive effects of household income on children’s outcomes occur mainly through mothers’ assets. These results lend support for expansion of asset-based policies for poor women with children.

Document Type

Working Paper


Financial Inclusion


Asset Building

Original Citation

Zhan, M., & Sherraden, M. (2002). Effects of mothers' assets on expectations and children's educational achievement in female-headed households (CSD Working Paper No. 02-9). St. Louis, MO: Washington University, Center for Social Development.


American Dream Policy Demonstration (ADD)


Women, youth, academic achievement, asset effects, asset holding, asset ownership, academic expectation, educational expectations, family, ADD, American Dream Demonstration