Template-Type: ReDIF-Paper 1.0
Author-Name: Mark Mitchell
Author-Name-First: Mark
Author-Name-Last: Mitchell
Author-Name: Marta Favara
Author-Name-First: Marta
Author-Name-Last: Favara
Author-Name: Catherine Porter
Author-Name-First: Catherine
Author-Name-Last: Porter
Author-Name: Alan Sánchez
Author-Name-First: Alan
Author-Name-Last: Sánchez
Title: Human Capital Development
Abstract: We estimate a dynamic model of multidimensional human capital development from childhood through adolescence and into early adulthood for a Peruvian cohort born in 1994. We exploit multiple measures of cognitive and socio-emotional skills and a latent factor structure to estimate flexible skills production functions between the ages of 8 and 22. We focus particularly on<br/>socio-emotional skill development, and provide the first estimates of such skill production over such a long period in a developing country context. In the last period, when individuals reach adulthood at age 22, we show that socio-emotional skills can be separated into two distinct domains - social<br/>skills and task effectiveness skills- which develop differently especially with regard to time use and cross-productivity with cognition. We find that individuals with higher task effectiveness are less likely to have engaged in risky behaviours such as smoking, taking drugs, and engaging with gangs.
Creation-Date: 2020
File-URL: http://www.lancaster.ac.uk/media/lancaster-university/content-assets/documents/lums/economics/working-papers/LancasterWP2020_022.pdf
File-Format: application/pdf
Number: 308280110
Classification-JEL: C38, J13, J24, O15, O54
Keywords: Human capital, child development, dynamic factor analysis, socio-emotional skills
Handle: RePEc:lan:wpaper:308280110