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: New Evidence on the Production of Socio-emotional Skills
Abstract: We estimate a dynamic model of socio-emotional skill development between ages 8-22 for a Peruvian cohort born in 1994. At age 8 there is no wealth gradient, in contrast to cognitive skills. However, by age 12 inequalities emerge and widen through age 19, driven by differential household investments, and cross-productivity with cognitive skills. In early adulthood, we separate socio-emotional skills into two distinct domains – social skills and task effectiveness - that evolve differently, and are differently correlated with risky behaviours such as smoking or taking drugs. Unequal initial household resources perpetuate inequality across generations through cognitive and task effectiveness skills.
Creation-Date: 2022
File-URL: http://www.lancaster.ac.uk/media/lancaster-university/content-assets/documents/lums/economics/working-papers/LancasterWP2022_007.pdf
File-Format: application/pdf
Number: 364076718
Classification-JEL: C38, J13, J24, O15, O54
Keywords: Human capital, child development, dynamic factor analysis, socio-emotional skills
Handle: RePEc:lan:wpaper:364076718