| Literature DB >> 12289811 |
Abstract
"In this paper, we formulate a statistical model of dynamic intrafamily investment behavior incorporating endowment heterogeneity and heritability. We use the model's estimates to evaluate alternative estimation procedures that have exploited family and kinship data to obtain estimates of the determinants of human capital." The sequential decision-making framework developed is applied to data on birthweight and gestation of children born to mothers surveyed in the U.S. National Survey of Labor Market Experience youth cohort. "The empirical results imply that the least restrictive statistical formulation, consistent with dynamic behavior and heterogeneity among siblings, fits the data best. All of the estimation procedures that control for a family-specific endowment indicate, however, that the biological effect of having a birth at younger ages is to marginally increase birthweight and to increase fetal growth." excerptEntities:
Keywords: Adolescent Pregnancy; Age Factors; Americas; Biology; Birth Weight; Body Weight; Demographic Factors; Developed Countries; Economic Factors; Family And Household; Fertility; Heterogeneity; Human Capital; Human Resources; Kinship Networks; Models, Theoretical; North America; Northern America; Physiology; Population; Population Characteristics; Population Dynamics; Reproductive Behavior; Research Methodology; United States
Mesh:
Year: 1995 PMID: 12289811
Source DB: PubMed Journal: Econometrica ISSN: 0012-9682 Impact factor: 5.844