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This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identification of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …
Persistent link: https://www.econbiz.de/10003934523
Persistent link: https://www.econbiz.de/10011480821
Newborn health is an important component in the chain of intergenerational transmission of disadvantage. This paper contributes to the literature on the determinants of health at birth in two ways. First, we analyze the role of maternal endowments and investments (education and smoking in...
Persistent link: https://www.econbiz.de/10014391200
importance of credit constraints in forming skills is examined. There is little support for the claim that untargeted income … will better capture the active role of the emerging autonomous child in learning and responding to the actions of parents …
Persistent link: https://www.econbiz.de/10010252655
outcomes (including children's own expected lifetime resources and education) than the income measures traditionally used in … of lifetime resources (income and wealth) motivated by economic theory that account for generational differences in life … wage income and disposable income measured over narrow windows of age that are used to proxy lifetime wealth. The …
Persistent link: https://www.econbiz.de/10013347030
internal rates of return that take into account tuition costs, income taxes and nonlinearities in the earnings …
Persistent link: https://www.econbiz.de/10003652689
early health shocks for children. We estimate a human capital production function and establish that, for this sample, early …
Persistent link: https://www.econbiz.de/10010457824
emergence of differentials in abilities between children of advantaged families and children of disadvantaged families, (c) the …
Persistent link: https://www.econbiz.de/10003724128
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...
Persistent link: https://www.econbiz.de/10010418037
the age ranges that best predict important human capital outcomes of children. The predictive power of parental resources … traditional snapshot proxies for lifetime incomes based on income flows at certain age windows in predicting child outcomes … used. We also find that the financial resources of parents compensate in part for non-monetary inputs to child human …
Persistent link: https://www.econbiz.de/10014249237