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Title: Optimal Parenting Styles: Evidence from a Dynamic Game with Multiple Equilibria
Resulting in 1 citation.
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Cosconati, Marco |
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Optimal Parenting Styles: Evidence from a Dynamic Game with Multiple Equilibria Presented: University of Chicago, Family Economics and Human Capital (FINET) Conference, November 2012 Cohort(s): NLSY97 Publisher: University of Chicago Keyword(s): Child Development; Human Capital; Parent Supervision/Monitoring; Parenting Skills/Styles; Peabody Individual Achievement Test (PIAT- Math); Television Viewing Permission to reprint the abstract has not been received from the publisher. There is little consensus among social science researchers about the effectiveness of alternative parenting strategies in producing desirable child outcomes. Some argue that parents should set strict limits on the activities of their adolescent children, while others believe that adolescents should be given relatively wide discretion. In this paper, I develop and estimate a model of parent-child interaction in order to better understand the relationship between parenting styles and the development of human capital in children. Using data from the NLSY97, the estimates of the model indicate that the best parenting style depends on the stock of adolescent human capital. Setting strict rules increases the study time of children with low skills, but is detrimental for adult human of the more knowledgeable teenagers. |
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Bibliography Citation
Cosconati, Marco. "Optimal Parenting Styles: Evidence from a Dynamic Game with Multiple Equilibria." Presented: University of Chicago, Family Economics and Human Capital (FINET) Conference, November 2012. |