Peer-reviewed article
Beyond Time and Money: Parental Occupation and Early Childhood Development
Hyun Soo Suh ·
Summary
Written by AI, not yet AICS's view ·Key points
Limitations
Abstract
This paper examines how parental occupation shapes early cognitive and noncognitive child development. Using the Millennium Cohort Study and the British Household Panel Survey, I document that parents allocate time in home production and market work differently across occupations. Estimating a system of simultaneous equations through three-stage least squares, I find that parental occupation is an important determinant of child skill formation beyond time and money: Maternal employment is associated with higher cognitive and noncognitive skills, while paternal self-employment is associated with higher noncognitive skills. Returns to parental time are higher among college-educated parents, consistent with skill-biased parenting.