Maria E. Canon
Federal Reserve Bank of St. Louis
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2010 Meeting Papers | 2010
Maria E. Canon
What explains differences in pre-market factors? Three types of inputs are believed to determine the skills agents take to the labor market: ability, family inputs and school inputs. Therefore to answer the previous question it is crucial to understand first the importance of each of those inputs. The literature on the production of achievement has not been able to provide an estimation that can take the three factors into account simultaneously at the student level. This paper intends to fill this gap by providing an estimation of the production function of achievement where both types of investments (families and schools) are considered in a framework where the inputs are allowed to be correlated with the unobserved term, ability to learn. I do that by applying Olley and Pakes’ (1996) algorithm which accommodates for endogeneity problems in the choice of inputs for the production of achievement and by using parents’ saving for their child’s postsecondary education to control for the unobserved component (i.e. ability to learn) in the production of skills. The estimates for the role of family inputs are in line to previous findings. Additionally, the estimates of school inputs show that they are also important for the formation of students’ skills even after controlling for ability to learn.
Archive | 2013
Florencia López Bóo; Maria E. Canon
This paper explores the (late) nutrition-cognition link using novel panel data from India for very young children. We estimate a value-added model of cognitive development that corrects for biases in the previous literature. Moreover, we use exposure to the national Mid Day Meal Scheme interacted with a non-linearity in how birth year exogenously affects the probability of enrollment in public schools as an instrumental variable. We find that a 1-standard-deviation increase in height-for-age at 5 years of age (i.e., beyond the 1,000-day window of opportunity) leads to cognitive test scores 11 to 14 percent of a standard deviation higher at age 8. This positive and significant effect supports the recent strand of literature on catch-up growth. Our analysis also suggests that providing low-caste children with the average nutritional status of their upper-caste counterparts would close around one-fourth of the existing caste cognitive differentials for boys. For girls, the gap is closed by half.
Archive | 2011
Maria E. Canon
Do parents alter their investment in their child’s human capital in response to changes in school inputs? If they do, then ignoring this effect will bias the estimates of school and parental inputs in educational production functions. This paper tries to answer this question by studying out-of-school suspensions and their effect on parental involvement in children’s education. The use of out-of- school suspensions is the novelty of this paper. Out-of-school suspensions are chosen by the teacher or the principal of the school and not by parents, but they are a consequence of student misbehavior. To account for the nature of these out-of-school suspensions, they are instrumented with measures of “principal’s preference toward discipline.” The estimates show that, without controlling for selection, the level of parental involvement is negatively correlated with the number of out-of-school suspensions. Once selection is accounted for, the effect disappears—that is, out-of-school suspensions do not affect parental involvement in children’s education.
The Regional Economist | 2013
Maria E. Canon; Marianna Kudlyak; Peter Debbaut
Economic Quarterly | 2014
Maria E. Canon; Marianna Kudlyak; Guannan Luo; Marisa Reed
Economics Letters | 2014
Florencia López Bóo; Maria E. Canon
Richmond Fed Economic Brief | 2015
Maria E. Canon; Helen Fessenden; Marianna Kudlyak
The Regional Economist | 2014
Maria E. Canon; Marianna Kudlyak; Marisa Reed
The Regional Economist | 2014
Maria E. Canon; Marianna Kudlyak; Marisa Reed
Economic Synopses | 2014
Maria E. Canon; Yang Liu