Human Capital Development: New Evidence on the Production of Socio-emotional Skills
Mark Mitchell,
Marta Favara,
Catherine Porter and
Alan Sánchez
Authors registered in the RePEc Author Service: Alan Sanchez
No 364076718, Working Papers from Lancaster University Management School, Economics Department
Abstract:
We estimate a dynamic model of socio-emotional skill development between ages 8-22 for a Peruvian cohort born in 1994. At age 8 there is no wealth gradient, in contrast to cognitive skills. However, by age 12 inequalities emerge and widen through age 19, driven by differential household investments, and cross-productivity with cognitive skills. In early adulthood, we separate socio-emotional skills into two distinct domains – social skills and task effectiveness - that evolve differently, and are differently correlated with risky behaviours such as smoking or taking drugs. Unequal initial household resources perpetuate inequality across generations through cognitive and task effectiveness skills.
Keywords: Human capital; child development; dynamic factor analysis; socio-emotional skills (search for similar items in EconPapers)
JEL-codes: C38 J13 J24 O15 O54 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-dev and nep-neu
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Related works:
Working Paper: Human Capital Development: New Evidence on the Production of Socio-Emotional Skills (2020) 
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Persistent link: https://EconPapers.repec.org/RePEc:lan:wpaper:364076718
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