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| Autor/in | Kang, Hyunjae |
|---|---|
| Titel | Parental Investment, Child's Efforts, and Intergenerational Mobility |
| Quelle | (2023), (99 Seiten)
PDF als Volltext Ph.D. Dissertation, State University of New York at Stony Brook |
| Sprache | englisch |
| Dokumenttyp | gedruckt; online; Monographie |
| ISBN | 979-8-3795-6710-1 |
| Schlagwörter | Hochschulschrift; Dissertation; Secondary School Students; Parent Role; Investment; Social Mobility; Motivation; Intention; Activities; Tutoring; Time; Family Income; Expenditures; Social Class |
| Abstract | I investigate the role of parents' investment and child's self-efforts made during adolescence on the intergenerational persistence of economic status. First, empirical evidence suggests that the college-tier a student graduates from significantly affects lifetime income. As seats for prestigious colleges are limited, households compete against each other using parental investment and child's self-efforts. This college admission competition is a channel through which parental income translates into the future income of the child. Second, parental income does not affect hours of self-study as much as it affects hours of tutoring. To assess the role of parents' investment and the child's efforts on intergenerational mobility accounting for the admissions competition, I build and estimate a dynamic tournament model where each household chooses quality of private tutoring, hours of private tutoring, and hours of student self-study. Using a unique longitudinal dataset on secondary school students, I find that heterogeneity in parental income in adolescent periods accounts for 46% of intergenerational persistence of earnings. Parental investment is responsible for a substantial portion of intergenerational persistence of earnings controlling for the child's efforts. Removing child's efforts from the mechanism leads to an increase in intergenerational persistence of earnings by 30%, which suggests the role of self-effort as a mitigator of intergenerational persistence of earnings. Finally, in light of the advent of the extremely low fertility regimes, I assess the impact of the rapidly shrinking cohort size on parental investment. Based on the model projection, low income households spend more on private tutoring expenditure as cohort size decreases, while there is virtually no change in the private tutoring expenditure of high income households. [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://www.proquest.com/en-US/products/dissertations/individuals.shtml.] (As Provided). |
| Anmerkungen | ProQuest LLC. 789 East Eisenhower Parkway, P.O. Box 1346, Ann Arbor, MI 48106. Tel: 800-521-0600; Web site: http://www.proquest.com/en-US/products/dissertations/individuals.shtml |
| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
| Update | 2024/1/01 |
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