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

Author

Listed:
  • Sadegh Eshaghnia
  • James J. Heckman
  • Rasmus Landersø

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.

Suggested Citation

  • Sadegh Eshaghnia & James J. Heckman & Rasmus Landersø, 2023. "The Impact of the Level and Timing of Parental Resources on Child Development and Intergenerational Mobility," NBER Working Papers 31093, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:31093
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    1. Sadegh Eshaghnia & James J. Heckman & Rasmus Landersø & Rafeh Qureshi, 2022. "Intergenerational Transmission of Family Influence," NBER Working Papers 30412, National Bureau of Economic Research, Inc.
    2. Pedro Carneiro & Italo López García & Kjell G. Salvanes & Emma Tominey, 2021. "Intergenerational Mobility and the Timing of Parental Income," Journal of Political Economy, University of Chicago Press, vol. 129(3), pages 757-788.
    3. Martin Browning & Olivier Donni & Mette Gørtz, 2021. "Do you have time to take a walk together? Private and joint time within the household," The Economic Journal, Royal Economic Society, vol. 131(635), pages 1051-1080.
    4. Browning,Martin & Chiappori,Pierre-André & Weiss,Yoram, 2014. "Economics of the Family," Cambridge Books, Cambridge University Press, number 9780521795395.
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    More about this item

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

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