|
The long-term distributional and welfare effects of Covid-19 school closures
Fuchs-Schündeln, Nicola
;
Krüger, Dirk
;
Ludwig, Alexander
;
Popova, Irina
|
URL:
|
https://madoc.bib.uni-mannheim.de/57743
|
|
URN:
|
urn:nbn:de:bsz:180-madoc-577434
|
|
Dokumenttyp:
|
Arbeitspapier
|
|
Erscheinungsjahr:
|
2020
|
|
Titel einer Zeitschrift oder einer Reihe:
|
ZEW Discussion Papers
|
|
Band/Volume:
|
20-045
|
|
Ort der Veröffentlichung:
|
Mannheim
|
|
Sprache der Veröffentlichung:
|
Englisch
|
|
Einrichtung:
|
Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
|
|
MADOC-Schriftenreihe:
|
Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
|
|
Fachgebiet:
|
330 Wirtschaft
|
|
Fachklassifikation:
|
JEL:
D15 , D31 , E24 , I24,
|
|
Freie Schlagwörter (Englisch):
|
Covid-19 , school closures , inequality , intergenerational persistence
|
|
Abstract:
|
Using a structural life-cycle model, we quantify the long-term impact of school closuresduring the Corona crisis on children affected at different ages and coming from householdswith different parental characteristics. In the model, public investment through schoolingis combined with parental time and resource investments in the production of child humancapital at different stages in the children’s development process. We quantitatively charac-terize both the long-term earnings consequences on children from a Covid-19 induced lossof schooling, as well as the associated welfare losses. Due to self-productivity in the humancapital production function, skill attainment at a younger stage of the life cycle raises killattainment at later stages, and thus younger children are hurt more by the school closuresthan older children. We find that parental reactions reduce the negative impact of theschool closures, but do not fully offset it. The negative impact of the crisis on children’swelfare is especially severe for those with parents with low educational attainment and lowassets. The school closures themselves are primarily responsible for the negative impactof the Covid-19 shock on the long-run welfare of the children, with the pandemic-inducedincome shock to parents playing a econdary role.
|
 | Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt. |
 Suche Autoren in
Sie haben einen Fehler gefunden? Teilen Sie uns Ihren Korrekturwunsch bitte hier mit: E-Mail
Actions (login required)
 |
Eintrag anzeigen |
|
|
![[img]](https://madoc.bib.uni-mannheim.de/style/images/fileicons/application_pdf.png)