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children with higher endowments due to the complementarity between endowments and investments (static complementarity). For the … endowment based on health at birth. When we do, we find that parents invest more in highly endowed children. Moreover, we find … in endowments (from more children) and greater reinforcing investments. These findings can be explained by extending the …
Persistent link: https://www.econbiz.de/10010969408
This paper develops a model of skill formation that explains a variety of findings established in the child development and child intervention literatures. At its core is a technology that is stage-specific and that features self productivity, dynamic complementarity and skill multipliers....
Persistent link: https://www.econbiz.de/10005085050
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/10008601688
This paper reviews the recent literature on the production of skills of young persons. The literature features the multiplicity of skills that explain success in a variety of life outcomes. Noncognitive skills play a fundamental role in successful lives. The dynamics of skill formation reveal...
Persistent link: https://www.econbiz.de/10008601706