Parenting style as an investment in human development

Cobb-Clark, Deborah, Salamanca, Nicolas and Zhu, Anna (2016). Parenting style as an investment in human development. LCC Working Paper Series 2016-01, Institute for Social Science Research, The University of Queensland.

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Author Cobb-Clark, Deborah
Salamanca, Nicolas
Zhu, Anna
Title Parenting style as an investment in human development
School, Department or Centre Institute for Social Science Research
Institution The University of Queensland
Open Access Status File (Publisher version)
Series LCC Working Paper Series
Report Number 2016-01
Publication date 2016-01
Total pages 52
Language eng
Abstract/Summary We propose a household production function approach to human development in which the role of parenting style in child rearing is explicitly considered. Specifically, we model parenting style as an investment in human development that depends not only on inputs of time and market goods, but also on attention, i.e. cognitive effort. Socioeconomic disadvantage is linked to parenting style and human development through the constraints that it places on cognitive capacity. Our model finds empirical support. We demonstrate that parenting style is a construct that is distinct from standard goods- and time-intensive parental investments and that effective parenting styles are negatively correlated with socioeconomic disadvantage. Moreover, parenting style is an important determinant of young adult’s human capital net of other parental investments.
Keyword Parenting style
Cognitive load
Locus of control
Socioeconomic disadvantage
Parental investments
Human development
Q-Index Status Provisional Code
Institutional Status Non-UQ

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Created: Wed, 27 Jan 2016, 14:04:08 EST by Francisco Paco Perales on behalf of Institute for Social Science Research