Brown, Sarah and Ortiz-Nunez, Aurora and Taylor, Karl (2012) Parental Risk Attituted and Children's Accademic Test Scores: Evidence from the U.S. panel Study of Income Dynamics. Scottish Journal of Political Economy, 59 (1). pp. 47-70. ISSN 0036-9292
Full text not available from this repository.Abstract
Using a sequence of questions from the 1996 US Panel Study of Income Dynamics (PSID), we explore the implications of interpersonal differences in parent's attitudes towards risk for the academic test scores of their children focusing on information drawn from the 1997 Child Development Supplement of the PSID. In addition, we explore whether parental risk preference influences whether the child subsequently attends college. Our findings suggest that a parent's degree of risk aversion is inversely related to the academic test scores of their children as well as being inversely related to the probability of attending college post high school.