This paper explores the role of parenting practices in promoting the well-being of children growing up in conditions of socio-economic deprivation and family instability. Using data collected for the UK Millennium Cohort Study, a multi-dimensional approach is adopted in conceptualising family adversity and children’s well-being. The effect of income poverty on children’s cognitive, social and emotional adjustment is assessed, considering several related adverse factors, such as family demographics, family instability, housing, and area deprivation, to evaluate their independent and combined risk effect. The findings suggest that persistent and intermittent poverty are significantly associated with poorer academic attainment and socio-emotional behaviour adjustment of young children. Family structure and instability show an independent risk effect, especially regarding social behaviour adjustment. Generally, the combined effect of socio-economic and family-related risk factors on children’s adjustment is stronger than individual effects. Parenting practices do not completely mediate the impact of family adversity on children’s adjustment across domains but show independent and beneficial effects -in particular regarding the quality of the parent-child relationship. Adopting a multi-dimensional approach facilitates a better understanding of independent and cumulative risk effects and enables the unpacking of differential effects of parenting practices.
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