A Model of Parental Investment in Children's Human Capital PDF Download
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Author: L. Y. Yueh
Publisher:
ISBN:
Category : Education
Languages : en
Pages :
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Book Description
Author: L. Y. Yueh
Publisher:
ISBN:
Category : Education
Languages : en
Pages :
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Book Description
Author: Jie Bian
Publisher:
ISBN:
Category : Human capital
Languages : en
Pages : 458
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Author: Jere R. Behrman
Publisher: Cambridge University Press
ISBN: 1009336185
Category : Business & Economics
Languages : en
Pages : 71
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Book Description
This Element reviews what we know about parental investments and children's human capital in low-to-middle-income countries (LMICs). First, it presents definitions and a simple analytical framework; then discusses determinants of children's human capital in the form of cognitive skills, socioemotional skills and physical and mental health; then reviews estimates of impacts of these forms of human capital; next considers the implications of such estimates for inequality and poverty; and concludes with a summary suggesting some positive impacts of parental investments on children's human capital in LMICs and a discussion of gaps in the literature pertaining to both data and methodology. This title is also available as Open Access on Cambridge Core.
Author: Linda Yueh
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Abstract: We test the extent of parental forgone consumption used instead to invest in children's human capital by use of intrahousehold resource allocation models. Using an unusual, comprehensive data set for urban China, we find more spending on boys aged 13-15 but more on girls aged 16-18, suggesting that standard human capital theories and traditional perceptions of gender bias do not completely explain educational expenditure decisions. The evidence from urban China is consistent, though, with human capital models which consider parental intertemporal preferences. Also, our findings suggest that the perceived bias in favour of sons exists weakly in contemporary urban China
Author: Ariel Kalil
Publisher: Psychology Press
ISBN: 1135615241
Category : Business & Economics
Languages : en
Pages : 375
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Book Description
The papers in this volume bring together a cross-disciplinary mix of researchers--developmental psychologists, evolutionary biologists, economists, anthropologists, and sociologists--working on the common theme of investments in children. The interdisciplinary conceptual framework adopted by this collection of papers is loosely built around the idea that there are two broad dimensions of parental investments. These include resources (e.g., income, wealth) on the one hand, and behaviors (e.g., parental instrumental support and parental activities that promote warmth, socialization, and cognitive stimulation) on the other. Believing that parental investments yield a "return" in improved child and young adult outcomes, the papers discuss how parents differ in terms of the resources they have available to invest, the choices parents make, the behaviors they engage in, and relevant policy and program interventions. More specifically, core questions addressed by the authors include: Why do some families invest while others do not and are differential investment patterns related to biology, economics, or social factors? What constitutes a successful "investment portfolio?" How are "investments" measured and/or characterized? Are different investments interchangeable, compensating, or off-setting? Given a set of resources, why are some families able to make more effective investments in child outcomes? How well do these investments affect outcomes for children and for these children as young adults? Can interventions or public policies help families build assets or become "better" investors in their children's potential? Developing a better understanding of what investments matter, when they matter, and how resources can be successfully invested in children's potential is key to shaping efficient interventions and social policies. Knowledge of how parents invest and what strategies are effective may help policies which seek to further empower and enable parental involvement and choice for their children.
Author: Rosa Gomez-Camacho
Publisher:
ISBN: 9781321362626
Category :
Languages : en
Pages :
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This dissertation focuses on the study of the processes of intra-household bargaining power, decision-making, and allocation of resources followed by Mexican-origin immigrant families to invest in children's human capital. With the purpose to further understand these processes the following questions guide this research: (1) What characteristics affect bargaining power in the observed decision-making patterns within these households? (2) Are there asymmetrical and/ or competing decision making practices that differentiate preferences of mothers and fathers that may impact intra-household allocation of expenditures, and investments?, and (3) How do differences in intra-household bargaining power impact traditional outcomes of human capital investments in children such as the health or well being of their children? This research uses data from Niños Sanos, Familia Sana, a study focusing on a rural Mexican-origin immigrant community in the central valley to study the set of individual, family, and community characteristics that affect the determinants of intra-household bargaining power, decision-making, and resource allocation, to explore its effect on children's human capital outcomes in these communities. Although standard variables used in economic models help assess bargaining power within the household, additional characteristics related to the specific cultural experiences of these communities such as acculturation, isolation and immigration should be considered to provide a more culturally nuanced understanding of the household dynamics within these communities. Moreover, mother and father's characteristics are associated with particular expenditure patterns revealing asymmetric preferences in household expenditure. A measurement of child's growth supports evidence on the effect of mother and family characteristics on child's wellbeing and the need to provide further analysis into the study of intra-household dynamics to support relevant policy guidelines in these communities.
Author: Orazio P. Attanasio
Publisher:
ISBN:
Category : Child development
Languages : en
Pages : 71
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Book Description
In this paper we estimate production functions for cognition and health throughout four stages of childhood from 5-15 years of age using two cohorts of children drawn from the Young Lives Survey for India. The inputs into the production function include parental background, prior child cognition and health and child investments. We allow investments to be endogenous and they depend on local prices and household income, as well as on the exogenous determinants of cognition and health. We find that investments are very important determinants of child cognition and of health at an earlier age. We also find that inputs are complementary and crucially that health is very important in determining cognition. Our paper contributes in understanding how early health outcomes are important in child development.
Author: Orazio Attanasio
Publisher:
ISBN:
Category :
Languages : en
Pages : 64
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Book Description
We estimate production functions for cognition and health for children aged 1-12 in India, based on the Young Lives Survey. India has over 70 million children aged 0-5 who are at risk of developmental deficits. The inputs into the production functions include parental background, prior child cognition and health, and child investments, which are taken as endogenous. Estimation is based on a nonlinear factor model, based on multiple measurements for both inputs and child outcomes. Our results show an important effect of early health on child cognitive development, which then becomes persistent. Parental investments affect cognitive development at all ages, but more so for younger children. Investments also have an impact on health at early ages only.
Author: Jere R. Behrman
Publisher: University of Chicago Press
ISBN: 9780226041575
Category : Education
Languages : en
Pages : 332
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Book Description
How do parents allocate human capital among their children? To what extent do parental decisions about resource allocation determine children's eventual economic success? The analyses in From Parent to Child explore these questions by developing and testing a model in which the earnings of children with different genetic endowments respond differently to investments in human capital. Behrman, Pollak, and Taubman use this model to investigate issues such as parental bias in resource allocations based on gender or birth order; the extent of intergenerational mobility in income, earnings, and schooling in the United States; the relative importance of environmental and genetic factors in determining variations in schooling; and whether parents' distributions offset the intended effects of government programs designed to subsidize children. In allocating scarce resources, parents face a trade-off between equity and efficiency, between the competing desires to equalize the wealth of their children and to maximize the sum of their earnings. Building on the seminal work of Gary Becker, From Parent to Child integrates careful modeling of household behavior with systematic empirical testing, and will appeal to anyone interested in the economics of the family.
Author:
Publisher: World Bank Publications
ISBN: 0821375415
Category : Education
Languages : en
Pages : 280
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Book Description
Progress in literacy and learning, especially through universal primary education, has done more to advance human conditions than perhaps any other policy. Our generation has the possibility of becoming the first generation ever to offer all children access to good quality basic education. But it will only happen if we have the political commitment -- at the country as well as at the international level -- to give priority to achieve this first in human history. And it will only happen if also those who cannot afford to pay school fees can benefit from a complete cycle of good quality primary education. Investment in good quality fee-free primary education should be a cornerstone in any government's poverty reduction strategy.
