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We construct and estimate a model of child development in which both the parents and children make investments in the child's skill development. In each period of the development process, partially altruistic parents act as the Stackelberg leader and the child the follower when setting her own...
Persistent link: https://www.econbiz.de/10011984663
We construct a dynamic model of child development where forward-looking parents and children jointly take actions to increase the child's cognitive and non-cognitive skills within a Markov Perfect Equilibrium framework. In addition to time and money investments in their child, parents also...
Persistent link: https://www.econbiz.de/10014377344
Persistent link: https://www.econbiz.de/10011997302
We construct and estimate a model of child development in which both the parents and children make investments in the child's skill development. In each period of the development process, partially altruistic parents act as the Stackelberg leader and the child the follower when setting her own...
Persistent link: https://www.econbiz.de/10011974430
Persistent link: https://www.econbiz.de/10014335558
Persistent link: https://www.econbiz.de/10014429748
We construct and estimate a model of child development in which both the parents and children make investments in the child's skill development. In each period of the development process, partially altruistic parents act as the Stackelberg leader and the child the follower when setting her own...
Persistent link: https://www.econbiz.de/10012870468
Persistent link: https://www.econbiz.de/10012209507
We construct a dynamic model of child development where forward-looking parents and children jointly take actions to increase the child's cognitive and non-cognitive skills within a Markov Perfect Equilibrium framework. In addition to time and money investments in their child, parents also...
Persistent link: https://www.econbiz.de/10014339671
We construct a dynamic model of child development where forward-looking parents and children jointly take actions to increase the child's cognitive and non-cognitive skills within a Markov Perfect Equilibrium framework. In addition to time and money investments in their child, parents also...
Persistent link: https://www.econbiz.de/10014340223