%0 Report %A Österbacka, Eva %A Merz, Joachim %A Zick, Cathleen D. %T Human Capital Investments in Children: A Comparative Analysis of the Role of Parent-Child Shared Time in Selected Countries %D 2010 %8 2010 Jul %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 5084 %U https://www.iza.org/index.php/publications/dp5084 %X Parents invest in their children's human capital in several ways. We investigate the extent to which the levels and composition of parent-child time varies across countries with different welfare regimes: Finland, Germany and the United States. We test the hypothesis of parent-child time as a form of human capital investment in children using a propensity score treatment effects approach that accounts for the possible endogenous nature of time use and human capital investment. Result: There is considerable evidence of welfare regime effects on parent-child shared time. Our results provide mixed support for the hypothesis that non-care related parent-child time is human capital enriching. The strongest support is found in the case of leisure time and eating time. %K parent-child time %K comparative research %K welfare regimes %K Finland %K Germany %K USA %K treatment effects %K propensity score matching