| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4798 |
| DP4798 Risk Shifting, Technology Policy and Sales Contingent Claims: When is Launch Aid to the Aerospace Industry A Subsidy? | |
| Paul Stoneman; Kim Kaivanto | |
| 发表日期 | 2004-12-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | We develop a model that gives some microfoundation to the impact of residential neighborhood on children?s educational attainment and then test it using the UK National Child Development Study. We find that, for high-educated parents, the better the quality of the neighborhood in terms of human capital, the higher the parent?s involvement in children?s education, indicating cultural complementarity. For highly educated parents, we also find that both parents? involvement in education and neighborhood?s quality significantly affect the intergenerational transmission of education, the former being more potent than the latter. Low-educated parents do not spend much time educating their offspring and we show that only the quality of the neighborhood has a significant impact on their children?s educational attainment. |
| 主题 | Public Economics |
| 关键词 | Education Cultural transmission Cultural substitution Peer effects |
| URL | https://cepr.org/publications/dp4798 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533710 |
| 推荐引用方式 GB/T 7714 | Paul Stoneman,Kim Kaivanto. DP4798 Risk Shifting, Technology Policy and Sales Contingent Claims: When is Launch Aid to the Aerospace Industry A Subsidy?. 2004. |
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