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Title:Human capital investments in children: A comparative analysis of the role of parent-child shared time in selected countries PDF Logo
Authors:Österbacka, Eva
Merz, Joachim
Zick, Cathleen D.
Issue Date:2010
Series/Report no.:Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5084
Abstract: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 parentchild 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 noncare related parent-child time is human capital enriching. The strongest support is found in the case of leisure time and eating time.
Subjects:parent-child time
comparative research
welfare regimes
Finland
Germany
USA
treatment effects
propensity score matching
JEL:D1
J24
J22
H43
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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