全球智库信息集成服务系统(G2TT): Correlation, Consumption, Confusion, or Constraints: Why do Poor Children Perform so Poorly?

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w21023
来源ID	Working Paper 21023
	Correlation, Consumption, Confusion, or Constraints: Why do Poor Children Perform so Poorly?
	Elizabeth M. Caucutt; Lance Lochner; Youngmin Park
发表日期	2015-03-16
出版年	2015
语种	英语
摘要	The economic and social mobility of a generation may be largely determined by the time it enters school given early developing and persistent gaps in child achievement by family income and the importance of adolescent skill levels for educational attainment and lifetime earnings. After providing new evidence of important differences in early child investments by family income, we study four leading mechanisms thought to explain these gaps: an intergenerational correlation in ability, a consumption value of investment, information frictions, and credit constraints. In order to better determine which of these mechanisms influence family investments in children, we evaluate the extent to which these mechanisms also explain other important stylized facts related to the marginal returns on investments and the effects of parental income on child investments and skills.
主题	Microeconomics ; Households and Firms ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand
URL	https://www.nber.org/papers/w21023
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/578696
推荐引用方式 GB/T 7714	Elizabeth M. Caucutt,Lance Lochner,Youngmin Park. Correlation, Consumption, Confusion, or Constraints: Why do Poor Children Perform so Poorly?. 2015.