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The effect of family background and ...

Ren, Liqian.

The effect of family background and dynamics on child test score, marital sorting and risk preference.

Record Type:	Electronic resources : Monograph/item
Title/Author:	The effect of family background and dynamics on child test score, marital sorting and risk preference.
Author:	Ren, Liqian.
Description:	143 p.
Notes:	Advisers: Erick Hurst; John Guryan; Derek Neal; Robert Topel.
Notes:	Source: Dissertation Abstracts International, Volume: 67-09, Section: A, page: 3532.
Contained By:	Dissertation Abstracts International67-09A.
Subject:	Economics, Labor.
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3231452
ISBN:	9780542858710

The effect of family background and dynamics on child test score, marital sorting and risk preference.
Ren, Liqian.

The effect of family background and dynamics on child test score, marital sorting and risk preference. - 143 p.

Advisers: Erick Hurst; John Guryan; Derek Neal; Robert Topel.

Thesis (Ph.D.)--The University of Chicago, 2006.

Lastly, for some PSID individuals aged 27 to 35 in 1996, experiencing family head unemployment at the young age (6-12) directly lowered a child's risk tolerance measures, while experiencing family unemployment around age 13 to 18 had little effect. A child is 10% less likely to be in the highest or second highest risk tolerance category, out of four categories given in the PSID, if experienced family head unemployment when young. However, experiencing family unemployment while young does not seem to directly affect a person's choice of occupations. The result suggests that family unemployment at younger age may serve as an instrument for risk tolerance under some circumstances since risk preference is an important, but usually under-reported variable for research on household decisions.

ISBN: 9780542858710Subjects--Topical Terms:

212660
Economics, Labor.

The effect of family background and dynamics on child test score, marital sorting and risk preference.
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100 0 $a Ren, Liqian. $3 264236
245 1 4 $a The effect of family background and dynamics on child test score, marital sorting and risk preference.
300 $a 143 p.
500 $a Advisers: Erick Hurst; John Guryan; Derek Neal; Robert Topel.
500 $a Source: Dissertation Abstracts International, Volume: 67-09, Section: A, page: 3532.
502 $a Thesis (Ph.D.)--The University of Chicago, 2006.
520 # $a Lastly, for some PSID individuals aged 27 to 35 in 1996, experiencing family head unemployment at the young age (6-12) directly lowered a child's risk tolerance measures, while experiencing family unemployment around age 13 to 18 had little effect. A child is 10% less likely to be in the highest or second highest risk tolerance category, out of four categories given in the PSID, if experienced family head unemployment when young. However, experiencing family unemployment while young does not seem to directly affect a person's choice of occupations. The result suggests that family unemployment at younger age may serve as an instrument for risk tolerance under some circumstances since risk preference is an important, but usually under-reported variable for research on household decisions.
520 # $a This dissertation shows that family background as well as the dynamics of that background affect a person's standardized test score when young, marital sorting and risk preference during adult years. Specifically, changes in parental employment, marital or health status have a significant and asymmetric effect on child test scores in reading and math. Using panel data from PSID and NLSY, I have found, on average, a given negative shock to one of these family self-being measures reduces reading test score by .10 to .20 of a standard deviation. Both data sets show that black and white students differ significantly not only in their test scores, but also in the frequency of parental disruptions experienced by the child. As a result, 9% to 18% of the observed differences in black-white test score gaps are due to black children having parents who experience more unemployment spells, marital disruptions, and negative health shocks than white children.
520 # $a Using a representative sample of U.S. couples, we found that the correlation in parental wealth between spouses is 0.42. This parental wealth assortative mating accounts for about one-quarter of the conventional intergeneration wealth correlation, and at least seven percent of the intergenerational correlation in income. These results confirm Becker's (1973, 1974) notion that assortative mating might magnify measured parent/child correlations.
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650 # 0 $a Economics, Labor. $3 212660
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710 0 # $a The University of Chicago. $3 212422
773 0 # $g 67-09A. $t Dissertation Abstracts International
790 $a 0330
790 1 0 $a Guryan, John, $e advisor
790 1 0 $a Hurst, Erick, $e advisor
790 1 0 $a Neal, Derek, $e advisor
790 1 0 $a Topel, Robert, $e advisor
791 $a Ph.D.
792 $a 2006
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