Cognitive skills; Non-cognitive skills; Income changes; Human capital; MCS; UKHLS
Résumé :
[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 :
Microéconomie
Auteur, co-auteur :
MENTA, Giorgia ; Luxembourg Institute of Socio-Economic Research - LISER
Co-auteurs externes :
no
Langue du document :
Anglais
Titre :
Families at a Loss: The Asymmetric Relationship Between Income Changes and Child Human Capital
Date de publication/diffusion :
10 février 2025
Titre du périodique :
Journal of Human Capital
ISSN :
1932-8575
eISSN :
1932-8664
Maison d'édition :
University of Chicago Press, Chicago, Etats-Unis - Illinois
Titre particulier du numéro :
The Economics of Early-Childhood Human Capital Development
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