TY - RPRT AU - Österbacka, Eva AU - Merz, Joachim AU - Zick, Cathleen D. TI - Human Capital Investments in Children: A Comparative Analysis of the Role of Parent-Child Shared Time in Selected Countries PY - 2010/Jul/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 5084 UR - https://www.iza.org/index.php/publications/dp5084 AB - 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. KW - parent-child time KW - comparative research KW - welfare regimes KW - Finland KW - Germany KW - USA KW - treatment effects KW - propensity score matching ER -