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Full Description
This Element reviews what we know about parental investments and children's human capital in low-to-middle-income countries (LMICs). First, it presents definitions and a simple analytical framework; then discusses determinants of children's human capital in the form of cognitive skills, socioemotional skills and physical and mental health; then reviews estimates of impacts of these forms of human capital; next considers the implications of such estimates for inequality and poverty; and concludes with a summary suggesting some positive impacts of parental investments on children's human capital in LMICs and a discussion of gaps in the literature pertaining to both data and methodology. This title is also available as Open Access on Cambridge Core.
Contents
1. Introduction; 2. Definitions, Framework and Estimation Issues; 3. Determinants of Children's Human Capital; 4. Impacts of Children's Human Capital; 5. Implications of Estimates Such as Summarized in Sections 3 and 4 for Inequality and Poverty in the Children's Generation; 6. Conclusions.