This paper studies the multidimensional nature of investments in children within a dynamic framework. In particular, we … dynamics of skill accumulation. Fourth, we use data from the Child Development Supplement of the Panel Study of Income Dynamics … to estimate the skill production technology for children ages 12 and younger. Our estimates suggest complementarity …

internal rates of return that take into account tuition costs, income taxes and nonlinearities in the earnings …

internal rates of return that take into account tuition costs, income taxes and nonlinearities in the earnings …

rates of return that takes into account tuition, income taxes and forms of uncertainty. We also contrast estimates based on …

internal rates of return that take into account tuition costs, income taxes and nonlinearities in the earnings …

rates of return that takes into account tuition, income taxes and forms of uncertainty. We also contrast estimates based on …