TY  - RPRT
        AU  - Cobb-Clark, Deborah A.
AU  - Ho, Tiffany
AU  - Salamanca, Nicolás
        TI  - Parental Responses to Children's Achievement Test Results
        PY  - 2021/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 14663
        UR  - https://www.iza.org/publications/dp14663
        AB  - We use quasi-experimental variation in the timing of national standardized test-score reports to estimate the causal impact of giving parents objective information about children's academic achievement. Releasing test scores leads to more modest perceptions of academic achievement and reduced school satisfaction. The use of private tutoring is increased, while extracurricular activities are reduced. Examining the underlying mechanisms, we show that is it public-school parents and parents of children receiving unexpectedly "bad" test scores who alter their perceptions. Learning that a child scores above the national average raises perceived academic achievement and time devoted to education, while reducing leisure time. 
        KW  - parental investments
KW  - test-score information
KW  - parental perceptions
KW  - overconfidence
        ER  -