Human Capital Investments in Children: A Comparative Analysis of the Role of Parent-Child Shared Time in Selected Countries
Parents invest in their children's human capital in several ways. We investigate the extent to which the levels and composition of parent-child time varies across countries with different welfare regimes: Finland, Germany and the United States. We test the hypothesis of parent-child time as a form of human capital investment in children using a propensity score treatment effects approach that accounts for the possible endogenous nature of time use and human capital investment. Result: There is considerable evidence of welfare regime effects on parent-child shared time. Our results provide mixed support for the hypothesis that non-care related parent-child time is human capital enriching. The strongest support is found in the case of leisure time and eating time.
Year of publication: |
2010-07
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Authors: | Österbacka, Eva ; Merz, Joachim ; Zick, Cathleen D. |
Institutions: | Institute for the Study of Labor (IZA) |
Subject: | parent-child time | comparative research | welfare regimes | Finland | Germany | USA | treatment effects | propensity score matching |
Saved in:
freely available
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Number 5084 35 pages |
Classification: | D1 - Household Behavior and Family Economics ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; J22 - Time Allocation and Labor Supply ; H43 - Project Evaluation; Social Discount Rate |
Source: |
Persistent link: https://www.econbiz.de/10008548723