THE LONG-TERM DISTRIBUTIONAL AND WELFARE EFFECTS OF COVID-19 SCHOOL CLOSURES
THE LONG-TERM DISTRIBUTIONAL AND WELFARE EFFECTS OF COVID-19 SCHOOL CLOSURES
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DOI：
10.1093/ej/ueac028
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发表时间：
2022-04-07
期刊：
影响因子：
3.2
通讯作者：
Popova, Irina
中科院分区：
文献类型：
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作者：
Fuchs-Schuendeln, Nicola;Krueger, Dirk;Popova, Irina
使用结构生命周期模型，我们量化了新冠危机期间学校停课对不同年龄和来自不同父母特征家庭的儿童的异质影响。在该模型中，通过学校教育进行的公共投资与父母在儿童发展过程不同阶段的人力资本生产方面的时间和资源投资相结合。我们定量描述了 COVID-19 导致的失学所造成的长期后果，发现受影响儿童的终生收入目前贴现值平均损失 2.1%，福利损失相当于永久消费的约 1.2%。由于人力资本生产函数的自我生产力，年龄较小的儿童比年龄较大的儿童因学校关闭而受到的伤害更大。危机对儿童福利的负面影响对于父母文化程度低、资产低的儿童尤其严重。
Using a structural life-cycle model, we quantify the heterogeneous impact of school closures during the corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with parental time and resource investments in the production of child human capital at different stages in the children's development process. We quantitatively characterise the long-term consequences from a COVID-19-induced loss of schooling, and find average losses in the present discounted value of lifetime earnings of the affected children of 2.1%, as well as welfare losses equivalent to about 1.2% of permanent consumption. Because of self-productivity in the human capital production function, younger children are hurt more by the school closures than older children. The negative impact of the crisis on children's welfare is especially severe for those with parents with low educational attainment and low assets.