Cognitive skills; Non-cognitive skills; Income changes; Human capital; MCS; UKHLS
Abstract :
[en] I here assess the link between distributional changes in family income and child human capital.
Using a value-added model and data from a UK child cohort, I show evidence of an asymmetric effect of income gains and losses on child non-cognitive development. Only income losses are associated with a reduction in children’s socio-emotional health – with one-third of the effect operating through measures of maternal well-being – while no effect is found for income gains. This is consistent with a model of human-capital formation where the quality and quantity of parental inputs react to changes in family income asymmetrically.
Disciplines :
Microeconomics
Author, co-author :
MENTA, Giorgia ; Luxembourg Institute of Socio-Economic Research - LISER
External co-authors :
no
Language :
English
Title :
Families at a Loss: The Asymmetric Relationship Between Income Changes and Child Human Capital
Publication date :
In press
Journal title :
Journal of Human Capital
ISSN :
1932-8664
Publisher :
University of Chicago Press, Chicago, United States - Illinois
Peer reviewed :
Peer reviewed
FnR Project :
FNR10949242 - Migration, Inequalities And Labour Markets, 2015 (01/08/2016-31/01/2023) - Michel Beine