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The economics of parenting


Doepke, Matthias; Sorrenti, Giuseppe; Zilibotti, Fabrizio (2019). The economics of parenting. Working paper series / Department of Economics 317, University of Zurich.

Abstract

Parenting decisions are among the most consequential choices people make throughout their lives. Starting with the work of pioneers such as Gary Becker, economists have used the toolset of their discipline to understand what parents do and how parents’ actions affect their children. In recent years, the literature on parenting within economics has increasingly leveraged findings and concepts from related disciplines that also deal with parent-child interactions. For example, economists have developed models to understand the choice between various parenting styles that were first explored in the developmental psychology literature, and have estimated detailed empirical models of children’s accumulation of cognitive and noncognitive skills in response to parental and other inputs. In this paper, we survey the economic literature on parenting and point out promising directions for future research.

Abstract

Parenting decisions are among the most consequential choices people make throughout their lives. Starting with the work of pioneers such as Gary Becker, economists have used the toolset of their discipline to understand what parents do and how parents’ actions affect their children. In recent years, the literature on parenting within economics has increasingly leveraged findings and concepts from related disciplines that also deal with parent-child interactions. For example, economists have developed models to understand the choice between various parenting styles that were first explored in the developmental psychology literature, and have estimated detailed empirical models of children’s accumulation of cognitive and noncognitive skills in response to parental and other inputs. In this paper, we survey the economic literature on parenting and point out promising directions for future research.

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Department of Economics
Dewey Decimal Classification:330 Economics
JEL Classification:J13, J24, R20
Uncontrolled Keywords:Parenting, parenting style, skill acquisition, peer effects, altruism, paternalism
Language:English
Date:February 2019
Deposited On:01 Feb 2019 10:28
Last Modified:25 Sep 2019 00:19
Series Name:Working paper series / Department of Economics
Number of Pages:51
ISSN:1664-705X
OA Status:Green
Official URL:http://www.econ.uzh.ch/static/workingpapers.php?id=996

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