TY  - RPRT
        AU  - Eshaghnia, Sadegh S. M.
AU  - Heckman, James J.
AU  - Landersø, Rasmus
        TI  - The Impact of the Level and Timing of Parental Resources on Child Development and Intergenerational Mobility
        PY  - 2024/Feb/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 16784
        UR  - https://www.iza.org/publications/dp16784
        AB  - This study explores relationships between parental resource trajectories and child development, and their implications for intergenerational mobility. By modifying the child skill formation technology to incorporate new skills during adolescence, we analyze the importance of the timing of family resources on life outcomes, educational attainment and participation in crime. Parental financial resources partially offset deficiencies in nonpecuniary inputs to children's human capital. Estimates of the intergenerational influence on child outcomes are strongly influenced by the choice of lifetime versus snapshot parental income measures. The most predictive ages of children when family resources are measured vary by the outcome analyzed. 
        KW  - lifecycle measures
KW  - child development
KW  - compensating for family disadvantage
KW  - intergenerational elasticity
        ER  -