Arbeitspapier

Parenting Style as an Investment in Human Development

We propose a household production function approach to human development in which the role of parenting style in child rearing is explicitly considered. Specifically, we model parenting style as an investment in human development that depends not only on inputs of time and market goods, but also on attention, i.e. cognitive effort. Socioeconomic disadvantage is linked to parenting style and human development through the constraints that it places on cognitive capacity. Our model finds empirical support. We demonstrate that parenting style is a construct that is distinct from standard goods- and time-intensive parental investments and that effective parenting styles are negatively correlated with socioeconomic disadvantage. Moreover, parenting style is an important determinant of young adult's human capital net of other parental investments.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 9686

Classification
Wirtschaft
Household Production and Intrahousehold Allocation
General Welfare; Well-Being
Fertility; Family Planning; Child Care; Children; Youth
Subject
parenting style
cognitive load
locus of control
socioeconomic disadvantage
parental investments
human development

Event
Geistige Schöpfung
(who)
Cobb-Clark, Deborah A.
Salamanca, Nicolas
Zhu, Anna
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2016

Handle
Last update
20.09.2024, 8:22 AM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Cobb-Clark, Deborah A.
  • Salamanca, Nicolas
  • Zhu, Anna
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2016

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