G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w25596
来源IDWorking Paper 25596
Actors in the Child Development Process
Daniela Del Boca; Christopher J. Flinn; Ewout Verriest; Matthew J. Wiswall
发表日期2019-02-25
出版年2019
语种英语
摘要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 study time. We then extend this non-cooperative form of interaction by allowing parents to offer incentives to the child to increase her study time, at some monitoring cost. We show that this incentive scheme, a kind of internal conditional cash transfer, produces efficient outcomes and, in general, increases the child’s cognitive ability. In addition to heterogeneity in resources (wage offers and non-labor income), the model allows for heterogeneity in preferences both for parents and children, and in monitoring costs. Like their parents, children are forward-looking, but we allow children and parents to have different preferences and for children to have age-varying discount rates, becoming more “patient” as they age. Using detailed time diary information on the allocation of parent and child time linked to measures of child cognitive ability, we estimate several versions of the model. Using model estimates, we explore the impact of various government income transfer policies on child development.
主题Labor Economics ; Demography and Aging
URLhttps://www.nber.org/papers/w25596
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583270
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GB/T 7714
Daniela Del Boca,Christopher J. Flinn,Ewout Verriest,et al. Actors in the Child Development Process. 2019.
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