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Title: Multi-Dimensional Human Skill Formation with Multi-Dimensional Parental Investment
Resulting in 1 citation.
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Moon, Seong Hyeok |
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Multi-Dimensional Human Skill Formation with Multi-Dimensional Parental Investment Presented: Chicago, IL, Department of Economics, University of Chicago, Workshop on Life Cycle Dynamics and Inequality, October 2008; Revised 2014. Also: http://home.uchicago.edu/~moon/finvestgrpahs-2008-11_moon.pdf Cohort(s): Children of the NLSY79, NLSY79 Young Adult Publisher: Department of Economics, University of Chicago Keyword(s): Alcohol Use; Behavior Problems Index (BPI); Educational Attainment; Family Structure; High School Completion/Graduates; Home Observation for Measurement of Environment (HOME); Mothers, Education; Parental Influences; Parental Investments; Peabody Individual Achievement Test (PIAT- Math) Permission to reprint the abstract has not been received from the publisher. "Parental Investment" has been proposed as a key determinant of human skill. Accounting for its multidimensional nature allows more nuanced understanding of the skill formation process. Human skill itself is also multi-dimensional. This paper provides a consolidated framework to analyze a multi-dimensional skill formation process with multi-dimensional parental investment. A dynamic factor model is employed as the main workhorse and empirical results from Children of the National Longitudinal Survey of Youth 1979 (C-NLSY79) are presented for various demographic groups. The results suggest that different kinds of parental investment contribute to the formation of different types of skill at different developmental stages. Implications for policy design and inter-generational transmission of inequality also are discussed. |
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Bibliography Citation
Moon, Seong Hyeok. "Multi-Dimensional Human Skill Formation with Multi-Dimensional Parental Investment." Presented: Chicago, IL, Department of Economics, University of Chicago, Workshop on Life Cycle Dynamics and Inequality, October 2008; Revised 2014. |