Partial Insurance and Investments in Children
Bibliographic Data
| ID | 9710392 |
|---|---|
| Authors | Pedro Carneiro (0000-0003-1699-6968, University College London, Institute for Fiscal Studies, Centre for Microdata Methods and Practice), Rita Ginja (0000-0001-9608-5771, Uppsala University and Uppsala Centre for Labor Studies) |
| Year | 2016 |
| Volume | 126 |
| Issue | 596 |
| Pages | F66-F95 |
| Publication date | 2016-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12421 |
| OpenAlex | W1826751229 |
| Language | EN |
| Citations received | 13 |
| References cited | 42 |
This article studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income and an index of investments in children, from the Children of the National Longitudinal Survey of Youth. We find that there is partial insurance of parental investments against permanent income shocks but the magnitude of the estimated responses is small. We cannot reject the hypothesis of full insurance against temporary shocks. Another interpretation of our findings is that insurance possibilities are limited but the fact that skill is a non‐separable function of parental investments over time results in small reactions of these investments to income shocks, especially at later ages
Actuarial science · Business · Economics · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics · Income, Poverty, and Inequality
Parental Leave Benefits, Household Labor Supply, and Children’s Long-Run Outcomes
Mothers Working during Preschool Years and Child Skills
Sooner or later? The impact of child education on household consumption
Parental education and child health
Reconciling Trends in U.S. Male Earnings Volatility
An achievement test for Chinese preschool children
Incidence and Distribution of Earnings Shocks
The role of socioeconomic status and parental investment in adolescent outcomes
Determinants of private school participation
Early and Late Human Capital Investments, Borrowing Constraints, and the Family
Beliefs about Maternal Labour Supply
Early, Late or Never? When Does Parental Education Impact Child Outcomes
Child Development and Parental Investment
Economics and Consumer Behavior
Understanding Consumption
The Consumption Response to Income Changes
Aggregate Economic Shocks, Child Schooling, and Child Health
On the psychology of poverty
The Production of Cognitive Achievement in Children
Booms, Busts, and Babies' Health
The Impact of Air Pollution on Infant Mortality
Maternal Education, Home Environments, and the Development of Children and Adolescents
Household Choices and Child Development
Income Variance Dynamics and Heterogeneity
The Impact of Family Income on Child Achievement
Consumption Inequality and Family Labor Supply
Estimating the Technology of Cognitive and Noncognitive Skill Formation
The Impact of Family Income on Child Achievement
Consumption Inequality and Partial Insurance
An Introduction to the Taxsim Model
Consequences of growing up poor
Relative Wage Movements and the Distribution of Consumption
Public Health Insurance and Private Savings
Full Insurance in the Presence of Aggregate Uncertainty
A Simple Test of Consumption Insurance
Early, Late or Never? When Does Parental Education Impact Child Outcomes
On the Specification and Estimation of the Production Function for Cognitive Achievement
Early Maternal Time Investment and Early Child Outcomes
Transfers to Households with Children and Child Development
How Money Matters for Young Children's Development
Parental Education and Parental Time with Children
| Unique citing works | 13 |
|---|---|
| Citations per year | 1,3 |
| Citation span | 2016 - 2025 (10) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 13 |