Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/295807 
Year of Publication: 
2024
Series/Report no.: 
IZA Discussion Papers No. 16784
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This study explores relationships between parental resource trajectories and child development, and their implications for intergenerational mobility. By modifying the child skill formation technology to incorporate new skills during adolescence, we analyze the importance of the timing of family resources on life outcomes, educational attainment and participation in crime. Parental financial resources partially offset deficiencies in nonpecuniary inputs to children's human capital. Estimates of the intergenerational influence on child outcomes are strongly influenced by the choice of lifetime versus snapshot parental income measures. The most predictive ages of children when family resources are measured vary by the outcome analyzed.
Subjects: 
intergenerational elasticity
lifecycle measures
child development
compensating for family disadvantage
JEL: 
I24
D31
I30
Document Type: 
Working Paper

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