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The Impact of the Level and Timing of Parental Resources on Child Development and Intergenerational Mobility

Sadegh Eshaghnia, James Heckman and Rasmus Landersø

No 31093, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This study explores the relationships between parental resource trajectories and child development, and their implications for intergenerational mobility. By modifying child skill formation technology to incorporate new skills emerging during adolescence, we analyze the importance of the timing of family resources on life outcomes, such as educational attainment and participation in crime. Parental financial resources partially offset deficiencies in nonpecuniary inputs to children’s human capital, such as family stability. IGE estimates are less sensitive to parental and child reference ages but are strongly influenced by the choice of lifetime versus snapshot parental income measures.

JEL-codes: D31 I24 I30 (search for similar items in EconPapers)
Date: 2023-03
New Economics Papers: this item is included in nep-dem and nep-edu
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Working Paper: The Impact of the Level and Timing of Parental Resources on Child Development and Intergenerational Mobility (2024) Downloads
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