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This paper documents disparities in cognitive development-as measured by a receptive vocabulary test-between children …
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scores, and sizable effects on college attendance and enrollment at more selective institutions, in particular for low-income … children. Our findings suggest that parental time investments are neutral to early skills gaps, while monetary investments are …
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children of high income parents early in their lives, which encourages greater cognitive development and lifetime earnings. … effects working through the other channels, thus providing an in-depth understanding of the link between parents’ and children …
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