The Long-Term Distributional and Welfare Effects of Covid-19 School Closures.

Autor/inn/en	Fuchs-Schündeln, Nicola; Krueger, Dirk; Ludwig, Alexander; Popova, Irina
Titel	The Long-Term Distributional and Welfare Effects of Covid-19 School Closures.
Quelle	In: The economic journal, 132 (2022) 645, S. 1647-1683 PDF als Volltext (1); PDF als Volltext (2) Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0013-0133; 1468-0297
DOI	10.1093/ej/ueac028
Schlagwörter	Bildungserfolg; Bildungsniveau; Soziale Kosten; Soziale Ungleichheit; Lebensalter; Soziale Herkunft; Individuum; Kind; Lebensalter; Schule; Soziale Kosten; Soziale Ungleichheit; USA; Auswirkung; Soziale Herkunft; Soziale Unterstützung; Bildungsniveau; Unterbrechung; Pandemie; Kind; Schule; Pandemie; Sozioökonomischer Faktor; Einkommenseffekt; Verteilungseffekt; Soziale Unterstützung; Auswirkung; Einflussfaktor; Unterbrechung; Individuum; USA
Abstract	"Using a structural life-cycle model, we quantify the heterogeneous impact of school closures during the corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with parental time and resource investments in the production of child human capital at different stages in the children's development process. We quantitatively characterise the long-term consequences from a COVID-19-induced loss of schooling, and find average losses in the present discounted value of lifetime earnings of the affected children of 2.1% ?, as well as welfare losses equivalent to about 1.2% of permanent consumption. Because of self-productivity in the human capital production function, younger children are hurt more by the school closures than older children. The negative impact of the crisis on children's welfare is especially severe for those with parents with low educational attainment and low assets." The study refers to the period 2020-2021. (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons)..
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2023/1