Tag Archives: parents

How personality is affected by birth order and birth spacing

The family environment is among the most important factors in the development of a child’s personality. It is evident that parental strategies and the amount of time and resources that parents are able to put towards their children would have … Continue reading

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Well-being effects vary for formal and informal childcare

All parents are faced with the difficult decision of how to organize childcare. Parents preferring to return to the labor market early after childbirth usually rely on formal daycare or give the children to the grandparents. Others are convinced that … Continue reading

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Pocket money and part-time job: Do parents tax their children?

Young adults who are still living with their parents and still in compulsory education finance their independent consumption using either parental transfers (pocket money), or by working part-time. Parents care about their own and their children’s consumption, but also about … Continue reading

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The last will: Unequal division between children is more common than you think

There are many reasons why parents may consider distributing their inheritance unevenly among their children. One of them might have a much higher income, or a larger family. Or perhaps the daughter took care of the ill parents while the … Continue reading

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When parents divorce, children’s personality development suffers

Disruptions in family structure are suspected to impede the development of children’s personality, with far-reaching consequences for school performance and labor market success. An IZA paper by Tyas Prevoo and Bas ter Weel adds to the empirical evidence by investigating … Continue reading

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The stress cost of children: Time matters more than money

Stress can be viewed as reflecting the limits on time and money that life imposes. Numerous studies have measured the money cost of having a child (close to $250,000 per child according to recent U.S. estimates), and some others have … Continue reading

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Is formal care as good as the support of loving grandparents?

Since early childcare plays an important role in the development of cognitive skills, it partially determines success later in life. What improves cognitive ability and behavioral development at a young age is therefore of crucial policy importance. While early psychological … Continue reading

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