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This paper presents a new approach to measuring the intergenerational transmission of well-being and a novel perspective on which measures and what age ranges to use to estimate intergenerational social mobility. We select the measures and the age ranges that best predict important human capital...
Persistent link: https://www.econbiz.de/10014249237
This paper presents a new approach to measuring the intergenerational transmission of well-being and a novel perspective on which measures and what age ranges to use to estimate intergenerational social mobility. We select the measures and the age ranges that best predict important human capital...
Persistent link: https://www.econbiz.de/10014248011
or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead … of using data on R&D, we separate the knowledge creating process into 'R' and 'D'. This data stems from R&D surveys of …
Persistent link: https://www.econbiz.de/10003728577
Intelligence quotient (IQ), grades, and scores on achievement tests are widely used as measures of cognition, yet the correlations among them are far from perfect. This paper uses a variety of data sets to show that personality and IQ predict grades and scores on achievement tests. Personality...
Persistent link: https://www.econbiz.de/10011580913
Persistent link: https://www.econbiz.de/10003985669
This paper formulates a structural dynamic programming model of preschool investment choices of altruistic parents and then empirically estimates the structural parameters of the model using the NLSY79 data. The paper finds that preschool investment significantly boosts cognitive and...
Persistent link: https://www.econbiz.de/10009753033
We analyze the impact of profit sharing on the share of workers receiving training. An effect is plausible because: 1) profit sharing is a credible commitment by firms to reward firm-specific skills acquired by formal or informal training, 2) profit sharing may reduce turnover and increase the...
Persistent link: https://www.econbiz.de/10009519863
A growing literature establishes that high quality early childhood interventions targeted toward disadvantaged children have substantial impacts on later life outcomes. Little is known about the mechanisms producing these impacts. This paper uses longitudinal data on cognitive and personality...
Persistent link: https://www.econbiz.de/10009675522
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
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/10014421186