The Long-Term Distributional and Welfare Effects of COVID-19 School Closures. Working Paper 27773

Autor/inn/en	Fuchs-Schündeln, Nicola; Krueger, Dirk; Ludwig, Alexander; Popova, Irina
Institution	National Bureau of Economic Research
Titel	The Long-Term Distributional and Welfare Effects of COVID-19 School Closures. Working Paper 27773
Quelle	(2020) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	COVID-19; Pandemics; School Closing; Parent Attitudes; Child Welfare; Educational Attainment; Parents; Human Capital; Elementary Secondary Education; Postsecondary Education; Wages; Well Being; Socioeconomic Status; Age Differences; College Attendance; Economic Climate; Employment Level; Government Role + Suchen Sie Ihr Suchwort? School closings; Schule; Schließung; Schließung (von Schulen); Elternverhalten; Kindeswohl; Bildungsabschluss; Bildungsgut; Eltern; Humankapital; Post-secondary education; Tertiäre Bildung; Wage; Löhne; Well-being; Wellness; Wohlbefinden; Socio-economic status; Sozioökonomischer Status; Age; Difference; Age difference; Altersunterschied; College; Colleges; Attendance; Hochschule; Fachhochschule; Anwesenheit; Wirtschaftslage; Beschäftigungsgrad
Abstract	Using a structural life-cycle model, we quantify the long-term 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 characterize both the long-term earnings consequences on children from a Covid-19 induced loss of schooling, as well as the associated welfare losses. Due to self-productivity in the human capital production function, skill attainment at a younger stage of the life cycle raises skill attainment at later stages, and thus younger children are hurt more by the school closures than older children. We find that parental reactions reduce the negative impact of the school closures, but do not fully offset it. 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 school closures themselves are primarily responsible for the negative impact of the Covid-19 shock on the long-run welfare of the children, with the pandemic-induced income shock to parents playing a secondary role. [Financial support for this report was provided by the European Research Council, the DFG through a Leibnizpreis, and NORFACE Dynamics of Inequality across the Life-Course (TRISP).] (As Provided).
Anmerkungen	National Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01