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Parent-Child Information Frictions and Human Capital Development: Evidence from a Field Experiment
Journal of Political Economy ( IF 9.637 ) Pub Date : 2021-01-01 , DOI: 10.1086/711410
Peter Bergman 1
Affiliation  

This paper studies information frictions between parents and children and their effect on human capital investments. I provide biweekly information to a random sample of parents about their child’s missed assignments. Parents have upwardly biased beliefs about their child’s effort. Providing information attenuates this bias and improves student achievement. Using data from the experiment, I estimate a persuasion game between parents and their children that shows that the treatment effect is due to more accurate beliefs and reduced monitoring costs. Policy simulations from the model demonstrate that improving school reporting or providing more information to parents can increase learning at low cost.

中文翻译:

亲子信息摩擦与人力资本开发:来自现场实验的证据

本文研究了父母与子女之间的信息摩擦及其对人力资本投资的影响。我每两周向随机抽样的家长提供关于他们孩子错过的作业的信息。父母对孩子的努力有向上的偏见。提供信息可以减轻这种偏见并提高学生的成绩。使用实验数据,我估计了父母和孩子之间的说服游戏,表明治疗效果是由于更准确的信念和降低的监控成本。该模型的政策模拟表明,改善学校报告或向家长提供更多信息可以以低成本增加学习。
更新日期:2021-01-01
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