Download or read book The Psychological Effects of Poverty on Investments in Children s Human Capital written by Guilherme Lichand and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty focuses attention on present needs. Does that mean that poor parents respond inefficiently to future returns on investments in their children's human capital - even when they would have the financial means to invest optimally? We study this question in the context of an educational program in Brazil whose predicted child-specific returns are known to the researchers, allowing us to compute optimal decisions. Using a lab-in-the-field experiment to make some parents worry more than others about pressing financial needs, we find that those in the treatment condition offered the opportunity to invest in that program misallocate resources relative to the control group: they not only invest significantly less when the program has high returns, but also, significantly more when predicted returns are low. We show that such inefficient responses are driven by poverty-induced attention misa/Jocation, since (1) parents in the treatment condition perform better in cognitive tests that yield small but immediate returns, and (2) increasing the salience of returns before the experiment eliminates differential responses by those parents. Our results suggest that poiicy instruments to boost human capital investments among the poor, such as credit lines earmarked for education, may be insufficient to spark such investments when returns are high, and even lead to over-investment by those not expected to benefit from it.

Download or read book No Small Matter written by Harold Alderman and published by World Bank Publications. This book was released on 2011 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Education is often seen as a fundamental means to improve economic prospects for individuals from low income settings. However, even with increased emphasis on basic education for all, many individuals fail to achieve basic skills to succeed in life. The book presents evidence that one core reason is that by the time a child is old enough to attend school, there is already a wide disparity in cognitive skills and in emotional and behavioral development among children from households of different socioeconomic backgrounds. Low levels of cognitive development in early childhood strongly correlate with low socio-economic status (as measured by wealth and parental education) as well as malnutrition. These disadvantages are often exacerbated by economic crises. Fortunately, however, as documented in this volume, there are programs that have proven effective in promoting a child's development through caregiver-child interaction and stimulation, and with well designed preschool programs. While preschool programs currently cover a modest share of low income children, expansion of such services to at risk populations is a cost-effective means of improving overall educational achievement. Thus, focused preschool programs can serve as a key investment in a strategy to reduce the transmission of poverty from poor parents to their children."

Download or read book Parental Investments and Children s Human Capital in Low to Middle Income Countries written by Jere R. Behrman and published by Cambridge University Press. This book was released on 2022-12-01 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element reviews what we know about parental investments and children's human capital in low-to-middle-income countries (LMICs). First, it presents definitions and a simple analytical framework; then discusses determinants of children's human capital in the form of cognitive skills, socioemotional skills and physical and mental health; then reviews estimates of impacts of these forms of human capital; next considers the implications of such estimates for inequality and poverty; and concludes with a summary suggesting some positive impacts of parental investments on children's human capital in LMICs and a discussion of gaps in the literature pertaining to both data and methodology. This title is also available as Open Access on Cambridge Core.

Download or read book A Roadmap to Reducing Child Poverty written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-09-16 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The strengths and abilities children develop from infancy through adolescence are crucial for their physical, emotional, and cognitive growth, which in turn help them to achieve success in school and to become responsible, economically self-sufficient, and healthy adults. Capable, responsible, and healthy adults are clearly the foundation of a well-functioning and prosperous society, yet America's future is not as secure as it could be because millions of American children live in families with incomes below the poverty line. A wealth of evidence suggests that a lack of adequate economic resources for families with children compromises these children's ability to grow and achieve adult success, hurting them and the broader society. A Roadmap to Reducing Child Poverty reviews the research on linkages between child poverty and child well-being, and analyzes the poverty-reducing effects of major assistance programs directed at children and families. This report also provides policy and program recommendations for reducing the number of children living in poverty in the United States by half within 10 years.

Download or read book Targeting Investments in Children written by Phillip B. Levine and published by University of Chicago Press. This book was released on 2010-10-15 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: A substantial number of American children experience poverty: about 17 percent of those under the age of eighteen meet the government’s definition, and the proportion is even greater within minority groups. Childhood poverty can have lifelong effects, resulting in poor educational, labor market, and physical and mental health outcomes for adults. These problems have long been recognized, and there are numerous programs designed to alleviate or even eliminate poverty; as these programs compete for scarce resources, it is important to develop a clear view of their impact as tools for poverty alleviation. Targeting Investments in Children tackles the problem of evaluating these programs by examining them using a common metric: their impact on earnings in adulthood. The volume’s contributors explore a variety of issues, such as the effect of interventions targeted at children of different ages, and study a range of programs, including child care, after-school care, and drug prevention. The results will be invaluable to educational leaders and researchers as well as policy makers.

Download or read book Consequences of Growing Up Poor written by Greg J. Duncan and published by Russell Sage Foundation. This book was released on 1997-06-19 with total page 673 pages. Available in PDF, EPUB and Kindle. Book excerpt: One in five American children now live in families with incomes below the povertyline, and their prospects are not bright. Low income is statistically linked with a variety of poor outcomes for children, from low birth weight and poor nutrition in infancy to increased chances of academic failure, emotional distress, and unwed childbirth in adolescence. To address these problems it is not enough to know that money makes a difference; we need to understand how. Consequences of Growing Up Poor is an extensive and illuminating examination of the paths through which economic deprivation damages children at all stages of their development. In Consequences of Growing Up Poor, developmental psychologists, economists, and sociologists revisit a large body of studies to answer specific questions about how low income puts children at risk intellectually, emotionally, and physically. Many of their investigations demonstrate that although income clearly creates disadvantages, it does so selectively and in a wide variety of ways. Low-income preschoolers exhibit poorer cognitive and verbal skills because they are generally exposed to fewer toys, books, and other stimulating experiences in the home. Poor parents also tend to rely on home-based child care, where the quality and amount of attention children receive is inferior to that of professional facilities. In later years, conflict between economically stressed parents increases anxiety and weakens self-esteem in their teenaged children. Although they share economic hardships, the home lives of poor children are not homogenous. Consequences of Growing Up Poor investigates whether such family conditions as the marital status, education, and involvement of parents mitigate the ill effects of poverty. Consequences of Growing Up Poor also looks at the importance of timing: Does being poor have a different impact on preschoolers, children, and adolescents? When are children most vulnerable to poverty? Some contributors find that poverty in the prenatal or early childhood years appears to be particularly detrimental to cognitive development and physical health. Others offer evidence that lower income has a stronger negative effect during adolescence than in childhood or adulthood. Based on their findings, the editors and contributors to Consequences of Growing Up Poor recommend more sharply focused child welfare policies targeted to specific eras and conditions of poor children's lives. They also weigh the relative need for income supplements, child care subsidies, and home interventions. Consequences of Growing Up Poor describes the extent and causes of hardships for poor children, defines the interaction between income and family, and offers solutions to improve young lives. JEANNE BROOKS-GUNN is Virginia and Leonard Marx Professor of Child Development at Teachers College, Columbia University. She is also director of the Center for Young Children and Families, and co-directs the Adolescent Study Program at Teachers College.

Download or read book Family Investments in Children s Potential written by Ariel Kalil and published by Psychology Press. This book was released on 2004-07-22 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume bring together a cross-disciplinary mix of researchers--developmental psychologists, evolutionary biologists, economists, anthropologists, and sociologists--working on the common theme of investments in children. The interdisciplinary conceptual framework adopted by this collection of papers is loosely built around the idea that there are two broad dimensions of parental investments. These include resources (e.g., income, wealth) on the one hand, and behaviors (e.g., parental instrumental support and parental activities that promote warmth, socialization, and cognitive stimulation) on the other. Believing that parental investments yield a "return" in improved child and young adult outcomes, the papers discuss how parents differ in terms of the resources they have available to invest, the choices parents make, the behaviors they engage in, and relevant policy and program interventions. More specifically, core questions addressed by the authors include: Why do some families invest while others do not and are differential investment patterns related to biology, economics, or social factors? What constitutes a successful "investment portfolio?" How are "investments" measured and/or characterized? Are different investments interchangeable, compensating, or off-setting? Given a set of resources, why are some families able to make more effective investments in child outcomes? How well do these investments affect outcomes for children and for these children as young adults? Can interventions or public policies help families build assets or become "better" investors in their children's potential? Developing a better understanding of what investments matter, when they matter, and how resources can be successfully invested in children's potential is key to shaping efficient interventions and social policies. Knowledge of how parents invest and what strategies are effective may help policies which seek to further empower and enable parental involvement and choice for their children.

Download or read book Succeeding Generations written by Robert Haveman and published by Russell Sage Foundation. This book was released on 1994-06-09 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawn from an extensive two-decade longitudinal survey of American families, Succeeding Generations traces a representative group of America's children from their early years through young adulthood. It evaluates the many background factors that are most influential in determining how much education children will obtain, whether or not they will become teen parents, and how economically active they will be when they reach their twenties. Succeeding Generations demonstrates how our children's future has been placed at risk by social and economic conditions such as fractured families, a troubled economy, rising poverty rates, and neighborhood erosion. The authors also pinpoint some significant causes of children's later success, emphasizing the importance of parents' education and, despite the apparent loss of time spent with children, the generally positive influence of maternal employment. Haveman and Wolfe supplement their research with a comprehensive review of the many debates among economists, sociologists, developmental psychologists, and other experts on how best to improve the lot of America's children. "A state-of-the-art investigation of the determinants of children's success in the United States....Clearly written, highly readable, and compelling."—Contemporary Sociology "Haveman and Wolfe are professors of economics who bring sophisticated statistical and econometric techniques to the analysis of the economic and educational success of children as they progress into young adulthood."—Choice "This study is one of the most comprehensive of its kind, in part because the researchers collected detailed information about a wide range of children each year for more than two decades." —Wisconsin State Journal "The research at the core of this book addresses critically important questions in social science...an important contribution to the literature." —Robert Plotnick, University of Washington

Download or read book Investing in Children written by Ariel Kalil and published by Brookings Institution Press. This book was released on 2012-05-03 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investing in Children: Work, Education, and Social Policy in Two Rich Countries presents new research by leading scholars in Australia and the United States on economic factors that influence children's development and the respective social policies that the two nations have designed to boost human capital development. The volume is organized around three major issues: parental employment, early childhood education and child care, and postsecondary education. All three issues are intimately linked with human capital development. Since both Australia and the United States have created extensive policies to address these three issues, there is potential for each to learn from the other's experiences and policies. This volume helps fulfill that potential. The authors demonstrate that in both nations, the effects of low family income and income inequality emerge early in life and persist. However, policies that increase parental employment, augment family income, and promote quality preschool and postsecondary education can boost children's development and at least partially offset the negative developmental effects of family economic disadvantage.

Download or read book Securing the Future written by Sheldon Danziger and published by Russell Sage Foundation. This book was released on 2000-06-29 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than ever, the economic health of a country depends upon the skills, knowledge, and capacities of its people. How does a person acquire these human assets and how can we promote their development? Securing the Future assembles an interdisciplinary team of scholars to investigate the full range of factors—pediatric, psychological, social, and economic—that bear on a child's development into a well-adjusted, economically productive member of society. A central purpose of the volume is to identify sound interventions that will boost human assets, particularly among the disadvantaged. The book provides a comprehensive evaluation of current initiatives and offers a wealth of new suggestions for effective public and private investments in child development. While children from affluent, highly educated families have good quality child care and an expensive education provided for them, children from poor families make do with informal child care and a public school system that does not always meet their needs. How might we best redress this growing imbalance? The contributors to this volume recommend policies that treat academic attainment together with psychological development and social adjustment. Mentoring programs, for example, promote better school performance by first fostering a young person's motivation to learn. Investments made early in life, such as preschool education, are shown to have the greatest impact on later learning for the least cost. In their focus upon children, however, the authors do not neglect the important links between generations. Poverty and inequality harm the development of parents and children alike. Interventions that empower parents to fight for better services and better schools are also of great benefit to their children. Securing the Future shows how investments in child development are both a means to an end and an end in themselves. They benefit the child directly and they also help that child contribute to the well-being of society. This book points us toward more effective strategies for promoting the economic success and the social cohesion of future generations. A Volume in the Ford Foundation Series on Asset Building

Download or read book Early Childhood Development Human Capital and Poverty written by Orazio Attanasio and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Children's experiences during early childhood are critical for their cognitive and socio-emotional development, two key dimensions of human capital. However, children from low income backgrounds often grow up lacking stimulation and basic investments, leading to developmental deficits that are difficult, if not impossible, to reverse later in life without intervention. The existence of these deficits are a key driver of inequality and contribute to the intergenerational transmission of poverty. In this paper, we discuss the framework used in economics to model parental investments and early childhood development and use it as an organizing tool to review some of the empirical evidence on early childhood research. We then present results from various important early childhoods interventions with emphasis on developing countries. Bringing these elements together we draw conclusions on what we have learned and provide some directions for future research.

Download or read book Social Psychological Effects on Human Resource Development written by Moses Newsome and published by . This book was released on 1976 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Human Capital and Development written by Gary I. Lilienthal and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book asks the following incisive questions. Does the body of scholarship on the term "human capital" constitute a species of the meaning of the term "slavery," and if so, in what way? How has the so-called capabilities approach to human development affected the scholarship of human development, in the context of curbing the catastrophic excesses of market behavior? How is it that some humans can be domesticated to create human capital for other groups of humans? To what extent can the international legal instruments effectively fight and combat child labor? How have dynastic China and India developed very long-term systems for the creation and maintenance of national human capital among its peoples? Have the state responses to pandemics been medicalized as a device for human capital maintenance, and if so, in what ways? What is the true meaning of the term "fit and proper" as it is imported into development and dissolution of human capital at the professional or "mandarin" levels of societies?Taking these questions together, the book Human Capital and Development asks this question: have national forms of slavery developed from what is now described as the capabilities approach to human development, with human domestication and child labor forming national systems of human capital formation, maintained by medicalization and controlled by judgments by authorities of fitness and propriety?Chapter One contains a complete scholarly survey of the field of human capital, covering legal, sociological, regulatory, and economic facets of the field. Chapter Two is a detailed critical literature review of the field of human development, linking this still nascent field to that of human capital. Chapter Three follows from Chapter One, elaborating on the new and virtually unspoken field of human domestication, as it serves to create human capital. Chapter Four discusses the international law field of child labor and elaborates on the dual effects on human capital and human development of child labor in its current form. Chapter Five is a comparative analysis of how the two ancient societies of China and India had deployed systems lasting beyond archaeological spans of time to maintain their national human capital, by regulating their supplies of water to their vast populations. Chapter Six in many ways follows on from chapter Three on human domestication, as it discusses critically how the epideictic rhetoric of pandemic contagion and control might marshal human capital in the various strata of society. Chapter Seven is a critical analysis of how human capital is formed by imperial legislation in the upper levels of society''s "mandarins," its professional classes, by implementing around the world a common "fit and proper," or integrity, test.The overall research outcomes suggest that human capital is human differentiation, by the masters onto the servants. Human development is a dynamic conjunction of those capabilities of apparently freely maintaining social networks. Those who had abolished the progymnasmata education system had now reinstated some lower levels of its simpler exercises, ensuring continuing human domestication and maintaining a human capital in explicit knowledge. Thus, child labor remains a national-level program for formation of national employee human capital. In dynastic China, emperors had wholly owned the people''s human capital, and both stabilized and assessed it through local customary registries. In India, sacred rivers were themselves entities containing the culture''s externalized symbology. The International Sanitary Conferences confirmed already-developing European national rules into an international order of human capital medicalization, disguised as human development. The public parties to a "fit and proper" assessment are said to be the court and an ellipsis of members of the public, without the public ever actually participating in the assessment. Thus, human capital in a profession is created in a national professional class purely by the authority of differentiation.

Download or read book Behavioral Science Policy Volume 5 No 1 written by Craig R. Fox and published by Brookings Institution Press. This book was released on 2020-02-11 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: The success of nearly all public- and private-sector policies hinges on the behavior of individuals, groups, and organizations. Today, such behaviors are better understood than ever, thanks to a growing body of practical behavioral science research. However, policymakers often are unaware of behavioral science findings that may help them craft and execute more effective and efficient policies. The pages of this journal will become a meeting ground: a place where scientists and non-scientists can encounter clearly described behavioral research that can be put into action. By design, the scope of Behavioral Science & Policy is broad, with topics spanning health care, financial decisionmaking, energy and the environment, education and culture, justice and ethics, and work place practices. Contributions will be made by researchers with expertise in psychology, sociology, law, behavioral economics, organization science, decision science, and marketing. The journal is a key offering of the Behavioral Science & Policy Association in partnership with the Brookings Institution. The mission of BSPA is to foster dialog between social scientists, policymakers, and other practitioners in order to promote the application of rigorous empirical behavioral science in ways that serve the public interest. BSPA does not advance a particular agenda or political perspective.

Download or read book Adverse Childhood Experiences Poverty and Inequality written by John F. Tomer and published by . This book was released on 2013 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The most valuable of all capital is that invested in human beings; and of that capital the most precious part is the result of the care and influence of the mother" Alfred Marshall 1890.Despite Marshall's early recognition of the importance of mothering, modern day human capital theory scarcely reflects the role of parents and the home environment as factors influencing the production of human capital. The purpose of this paper is to look more deeply into the earliest phase of child development, from birth to two or three years of age, in order to understand the implications of this development for human capital theory. Recently, important noneconomic research has revealed the growing prevalence of adverse childhood experiences (ACEs) among young children and the role this plays in impairing their brain functioning and contributing to later age physical and mental ailments. Accordingly, this paper explores the role of ACEs for understanding the growth of poverty and inequality of both income and academic achievement. This paper attempts to build on James Heckman's important contributions related to human capital formation in early childhood. In contrast to other economic and socio-economic theories explaining the growth of inequality of academic achievement (and income), this paper focuses on the magnitude and growth of ACEs and poor parenting within the lower socio-economic class. Other theories no doubt have some validity, but if they leave out ACEs, they are missing a crucial causal factor. The implications of this theory for remedies to ACEs and related early childhood stressors are explored. These remedies involve different ways to build human capital during the early childhood years so that children will ultimately arrive at school (and later workplaces) with their brains unimpaired. Doing the caring work of making these human capital investments works better if these efforts are part of what ordinarily happens in a caring economy and part of a sensible human capital strategy.

Download or read book The Oxford Handbook of the Social Science of Poverty written by David Brady and published by Oxford University Press. This book was released on 2016 with total page 937 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of the Social Science of Poverty builds a common scholarly ground in the study of poverty by bringing together an international, inter-disciplinary group of scholars to provide their perspectives on the issue. Contributors engage in discussions about the leading theories and conceptual debates regarding poverty, the most salient topics in poverty research, and the far-reaching consequences of poverty on the individual and societal level.

Download or read book Escaping the Poverty Trap written by Amartya Sen and published by IDB. This book was released on 2003 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basing their discussions on the concept of "intergenerational transmission of poverty"--the "process by which poor parents pass on poverty and disadvantage to their children," in the words of editor Moran (until recently a senior economist with the International Development Bank's Sustainable Development Department)--five essays reflect on political, philosophical, social, and other dimensions of investing in early childhood in Latin America. The essays include Amartya Sen's discussion of early childhood investment within the context of the overall development process, as well explorations of the relationship between health, nutrition, and cognitive and social dimensions of poverty; the impact of early childhood investment on economic growth and equity; and the role of the state in marshalling resources for early childhood investment. Distributed by Johns Hopkins U. Press. Annotation : 2004 Book News, Inc., Portland, OR (booknews.com).