Finance and Children's Academic Performance / Qing Hu, Ross Levine, Chen Lin, Mingzhu Tai.

Format:

Book

Author/Creator:

Hu, Qing.

Contributor:

National Bureau of Economic Research.

Levine, Ross.

Lin, Chen.

Tai, Mingzhu.

Series:

Working Paper Series (National Bureau of Economic Research) no. w26678.

NBER working paper series no. w26678

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2020.

Summary:

What is the impact of regulatory reforms that enhance credit market efficiency on children's human capital? Using a parent-child panel dataset, we find that such reforms reduced children's academic performance in low-income families. Consistent with the view that financial development entices low-income parents to substitute out of childrearing and into employment with adverse effects on children's education, we find that among low-income families, regulatory reforms: increased mother's employment hours, reduced parental supervision and parent-child discussions about school and college, and had bigger adverse effects when mothers were not already working full-time and grandparents were not living with the child.

Notes:

Print version record

January 2020.