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Title: Finance and Children's Academic Performance
Resulting in 1 citation.
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Hu, Qing Levine, Ross Lin, Chen Tai, Mingzhu |
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Finance and Children's Academic Performance NBER Working Paper No. 26678, National Bureau of Economic Research, January 2020. Also: https://www.nber.org/papers/w26678 Cohort(s): Children of the NLSY79, NLSY79 Publisher: National Bureau of Economic Research (NBER) Keyword(s): Children, Academic Development; Family Income; Family Influences; Human Capital; Legislation; Maternal Employment; Parent Supervision/Monitoring; Parent-Child Interaction; Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading); Work Hours/Schedule What is the impact of regulatory reforms that enhance credit market efficiency on children's human capital? Using a parent-child panel dataset, we find that such reforms reduced children's academic performance in low-income families. Consistent with the view that financial development entices low-income parents to substitute out of childrearing and into employment with adverse effects on children’s education, we find that among low-income families, regulatory reforms: increased mother's employment hours, reduced parental supervision and parent-child discussions about school and college, and had bigger adverse effects when mothers were not already working full-time and grandparents were not living with the child. |
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Bibliography Citation
Hu, Qing, Ross Levine, Chen Lin and Mingzhu Tai. "Finance and Children's Academic Performance." NBER Working Paper No. 26678, National Bureau of Economic Research, January 2020. |