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Parenting Style and the Development of Human Capital in Children

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  • Marco Cosconati

    (Bank of Italy & IZA)

Abstract

There is little consensus among social science researchers about the effectiveness of alternative parenting strategies in producing desirable child outcomes. Some argue that parents should set strict limits on the activities of their adolescent children, while others believe that adolescents should be given relatively wide discretion. In this paper, I develop and estimate a model of parent-child interaction in order to better understand the relationship between parenting styles and the development of human capital in children. Using data from the NLSY97, the estimates of the model indicate that the best parenting style depends on how much a child values human capital. Setting strict rules increases the study time of a child who places a low value on human capital, but decreases study time for a child who places a high value on human capital. According to the estimates, the impact of a public mandatory curfew, given these offsetting effects, is to increase slightly adolescent human capital.

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  • Marco Cosconati, 2011. "Parenting Style and the Development of Human Capital in Children," 2011 Meeting Papers 854, Society for Economic Dynamics.
    • Handle: RePEc:red:sed011:854
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    References listed on IDEAS

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    Cited by:

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    2. Pamela Giustinelli & Nicola Pavoni, 2017. "The Evolution of Awareness and Belief Ambiguity in the Process of High School Track Choice," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 25, pages 93-120, April.
    3. Avner Seror, 2019. "Human Development, Social Interactions, and Identity Formation," AMSE Working Papers 1924, Aix-Marseille School of Economics, France.
    4. Deborah A. Cobb-Clark & Tiffany Ho & Nicolás Salamanca, 2021. "Parental Responses to Children’s Achievement Test Results," Melbourne Institute Working Paper Series wp2021n17, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    5. Pamela Giustinelli, 2016. "Group Decision Making With Uncertain Outcomes: Unpacking Child–Parent Choice Of The High School Track," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(2), pages 573-602, May.

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