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来源类型Working Paper
规范类型报告
DOI10.3386/w22442
来源IDWorking Paper 22442
Estimating the Technology of Children's Skill Formation
Francesco Agostinelli; Matthew Wiswall
发表日期2016-07-25
出版年2016
语种英语
摘要In this paper we study the process of children’s skill formation. Using a dynamic latent factor structure, we show how measurement restrictions on observed measures aid the identification of skill technology features. We then use our identification results to develop and estimate the joint dynamic process of latent investment and skill development, allowing for static and dynamic complementarities in skill production between parental investments and children’s skills. Using data for the United States, we estimate that parental investments are particularly productive in producing cognitive skills during early childhood (ages 5-6). Moreover, we find that the marginal productivity of investments in this period is substantially higher for children with lower existing skills, suggesting the optimal targeting of interventions to disadvantaged young children.
主题Econometrics ; Estimation Methods ; Labor Economics ; Demography and Aging
URLhttps://www.nber.org/papers/w22442
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/580116
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GB/T 7714
Francesco Agostinelli,Matthew Wiswall. Estimating the Technology of Children's Skill Formation. 2016.
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