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  1. The fiscal and welfare effects of policy responses to the Covid-19 school closures
    Erschienen: [2021]
    Verlag:  [International Center for Insurance Regulation, Goethe University Frankfurt], [Frankfurt am Main]

    Using a structural life-cycle model and data on school visits from Safegraph and school closures from Burbio, we quantify the heterogeneous impact of school closures during the Corona crisis on children affected at different ages and coming from... mehr

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    Using a structural life-cycle model and data on school visits from Safegraph and school closures from Burbio, 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. Our data suggests that secondary schools were closed for in-person learning for longer periods than elementary schools (implying that younger children experienced less school closures than older children), and that private schools experienced shorter closures than public schools, and schools in poorer U.S. counties experienced shorter school closures. We then extend the structural life cycle model of private and public schooling investments studied in Fuchs-Sch¨undeln, Krueger, Ludwig, and Popova (2021) to include the choice of parents whether to send their children to private schools, empirically discipline it with data on parental investments from the PSID, and then feed into the model the school closure measures from our empirical analysis to quantify the long-run consequences of the Covid-19 school closures on the cohorts of children currently in school. Future earnings- and welfare losses are largest for children that started public secondary schools at the onset of the Covid-19 crisis. Comparing children from the topto children from the bottom quartile of the income distribution, welfare losses are ca. 0.8 percentage points larger for the poorer children if school closures were unrelated to income. Accounting for the longer school closures in richer counties reduces this gap by about 1/3. A policy intervention that extends schools by 3 months (6 weeks in the next two summers) generates significant welfare gains for the children and raises future tax revenues approximately sufficient to pay for the cost of this schooling expansion.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/247671
    Schriftenreihe: ICIR working paper series ; [no. 41]
    Schlagworte: Coronavirus; Schule; Privatschule; Schulauswahl; Wirkungsanalyse; Wohlfahrtsanalyse; USA; Covid-19; school closures; inequality; intergenerational persistence
    Umfang: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  2. The fiscal and welfare effects of policy responses to the Covid-19 school closures

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    Schriftenreihe: Cahier scientifique / CIRANO ; 2021s, 40
    Schlagworte: Coronavirus; Schule; Privatschule; Schulauswahl; Wirkungsanalyse; Wohlfahrtsanalyse; USA; Covid-19; school closures; inequality; intergenerational persistence
    Umfang: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  3. The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
    Erschienen: 2021
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    Using a structural life-cycle model and data on school visits from Safegraph and school closures from Burbio, we quantify the heterogeneous impact of school closures during the Corona crisis on children affected at different ages and coming from... mehr

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Using a structural life-cycle model and data on school visits from Safegraph and school closures from Burbio, 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. Our data suggests that secondary schools were closed for in-person learning for longer periods than elementary schools (implying that younger children experienced less school closures than older children), and that private schools experienced shorter closures than public schools, and schools in poorer U.S. counties experienced shorter school closures. We then extend the structural life cycle model of private and public schooling investments studied in Fuchs-Schuendeln, Krueger, Ludwig and Popova (2021) to include the choice of parents whether to send their children to private schools, empirically discipline it with data on parental investments from the PSID, and then feed into the model the school closure measures from our empirical analysis to quantify the long-run consequences of the Covid-19 school closures on the cohorts of children currently in school. Future earnings- and welfare losses are largest for children that started public secondary schools at the onset of the Covid-19 crisis. Comparing children from the top- to children from the bottom quartile of the income distribution, welfare losses are ca. 0.8 percentage points larger for the poorer children if school closures were unrelated to income. Accounting for the longer school closures in richer counties reduces this gap by about 1/3. A policy intervention that extends schools by 3 months (6 weeks in the next two summers) generates significant welfare gains for the children and raises future tax approximately sufficient to pay for the cost of this schooling expansion

     

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    Sprache: Englisch
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    Schriftenreihe: NBER working paper series ; no. w29398
    Schlagworte: Coronavirus; Schule; Privatschule; Schulauswahl; Wirkungsanalyse; Wohlfahrtsanalyse; USA
    Umfang: 1 Online-Ressource, illustrations (black and white)
    Bemerkung(en):

    Hardcopy version available to institutional subscribers

  4. The fiscal and welfare effects of policy responses to the Covid-19 school closures
    Erschienen: [2021]
    Verlag:  [ESG UQÀM, Département des sciences économiques, École des sciences de la gestion, Université du Québec à Montréal], [Montréal]

    Using a structural life-cycle model and data on school visits from Safegraph and school closures from Burbio, we quantify the heterogeneous impact of school closures during the Corona crisis on children affected at different ages and coming from... mehr

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    Using a structural life-cycle model and data on school visits from Safegraph and school closures from Burbio, 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. Our data suggests that secondary schools were closed for in-person learning for longer periods than elementary schools (implying that younger children experienced less school closures than older children), and that private schools experienced shorter closures than public schools, and schools in poorer U.S. counties experienced shorter school closures. We then extend the structural life cycle model of private and public schooling investments studied in Fuchs-Schündeln, Krueger, Ludwig, and Popova (2021) to include the choice of parents whether to send their children to private schools, empirically discipline it with data on parental investments from the PSID, and then feed into the model the school closure measures from our empirical analysis to quantify the long-run consequences of the Covid-19 school closures on the cohorts of children currently in school. Future earnings- and welfare losses are largest for children that started public secondary schools at the onset of the Covid-19 crisis. Comparing children from the topto children from the bottom quartile of the income distribution, welfare losses are ca. 0.8 percentage points larger for the poorer children if school closures were unrelated to income. Accounting for the longer school closures in richer counties reduces this gap by about 1/3. A policy intervention that extends schools by 3 months (6 weeks in the next two summers) generates significant welfare gains for the children and raises future tax revenues approximately sufficient to pay for the cost of this schooling expansion.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/264151
    Schriftenreihe: Document de travail / ESG UQÀM, Département des sciences économiques, École des sciences de la gestion, Université du Québec à Montréal ; no. 2021, 09(Octobre 2021)
    Schlagworte: Coronavirus; Schule; Privatschule; Schulauswahl; Wirkungsanalyse; Wohlfahrtsanalyse; USA; Covid-19; school closures; inequality; intergenerational persistence
    Umfang: 1 Online-Ressource (circa 67 Seiten), Illustrationen
  5. The fiscal and welfare effects of policy responses to the Covid-19 school closures
    Erschienen: 21 October 2021
    Verlag:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Sprache: Englisch
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    Format: Online
    Schriftenreihe: Array ; DP16663
    Schlagworte: Coronavirus; Schule; Privatschule; Schulauswahl; Wirkungsanalyse; Wohlfahrtsanalyse; USA; COVID-19; School Closures; Inequality; Intergenerational Persistence
    Umfang: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  6. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: August 26, 2020
    Verlag:  Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, Philadelphia, PA

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    DIPF | Leibniz-Institut für Bildungsforschung und Bildungsinformation, Bibliothek
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: PIER working paper ; 20, 032
    Schlagworte: Coronavirus; Lockdown; Schule; Schüler; Humankapital; USA
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  7. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: September 2020
    Verlag:  National Bureau of Economic Research, Cambridge, MA

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    Sprache: Englisch
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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 27773
    Schlagworte: Coronavirus; Lockdown; Schule; Schüler; Humankapital; USA
    Umfang: 53 Seiten, Illustrationen
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    Erscheint auch als Online-Ausgabe

  8. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: 30 August 2020
    Verlag:  Centre for Economic Policy Research, London

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    Schriftenreihe: Array ; DP15227
    Schlagworte: Coronavirus; Lockdown; Schule; Schüler; Humankapital; USA
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  9. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: 2020
    Verlag:  ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung GmbH Mannheim, Mannheim, Germany

    Using a structural life-cycle model, we quantify the long-term 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... mehr

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    Universitätsbibliothek Mannheim
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    Using a structural life-cycle model, we quantify the long-term 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 characterize both the long-term earnings consequences on children from a Covid-19 induced loss of schooling, as well as the associated welfare losses. Due to self-productivity in the human capital production function, skill attainment at a younger stage of the life cycle raises skill attainment at later stages, and thus younger children are hurt more by the school closures than older children. We find that parental reactions reduce the negative impact of the school closures, but do not fully offset it. The negative impact of the crisis on children's welfare is especially severe for those with parents with low educational attainment and low assets. The school closures themselves are primarily responsible for the negative impact of the Covid-19 shock on the long-run welfare of the children, with the pandemic-induced income shock to parents playing a secondary role.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/224665
    Schriftenreihe: Discussion paper / ZEW ; no. 20, 045 (09/2020)
    Schlagworte: Coronavirus; Lockdown; Schule; Schüler; Humankapital; USA
    Umfang: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  10. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: [2020]
    Verlag:  Leibniz Institute for Financial Research SAFE, Sustainable Architecture for Finance in Europe, Frankfurt am Main

    Using a structural life-cycle model, we quantify the long-term 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... mehr

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    Using a structural life-cycle model, we quantify the long-term 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 characterize both the long-term earnings consequences on children from a Covid-19 induced loss of schooling, as well as the associated welfare losses. Due to self-productivity in the human capital production function, skill attainment at a younger stage of the life cycle raises skill attainment at later stages, and thus younger children are hurt more by the school closures than older children. We find that parental reactions reduce the negative impact of the school closures, but do not fully offset it. The negative impact of the crisis on children's welfare is especially severe for those with parents with low educational attainment and low assets. The school closures themselves are primarily responsible for the negative impact of the Covid-19 shock on the long-run welfare of the children, with the pandemic-induced income shock to parents playing a secondary role.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/224489
    Schriftenreihe: SAFE working paper ; no. 290
    Schlagworte: Coronavirus; Lockdown; Schule; Schüler; Humankapital; USA
    Umfang: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  11. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: 2021
    Verlag:  International Center for Insurance Regulation, Goethe University Frankfurt, Frankfurt am Main

    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... mehr

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    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 characterize 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 close to 1%, as well as welfare losses equivalent to about 0:6% of permanent consumption. Due to self-productivity in the human capital production function, skill attainment at a younger stage of the life cycle raises skill attainment at later stages, and thus younger children are hurt more by the school closures than older children. We find that parental reactions reduce the negative impact of the school closures, but do not fully offset it. The negative impact of the crisis on children's welfare is especially severe for those with parents with low educational attainment and low assets. The school closures themselves are primarily responsible for the negative impact of the Covid-19 shock on the long-run welfare of the children, with the pandemic-induced income shock to parents playing a secondary role.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/234522
    Schriftenreihe: ICIR working paper series ; [no. 37]
    Schlagworte: Coronavirus; Lockdown; Schule; Schüler; Humankapital; USA; Covid-19; school closures; inequality; intergenerational persistence
    Umfang: 1 Online-Ressource (circa 61 Seiten), Illustrationen
  12. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: 2020
    Verlag:  Universitätsbibliothek Johann Christian Senckenberg, Frankfurt am Main

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    Sprache: Englisch
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    Format: Online
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    Schriftenreihe: SAFE working paper series ; No. 290
    Schlagworte: SARS-CoV-2; Coronaviren; Pandemie; Schule; Schüler; Schülerin; Humankapital
    Weitere Schlagworte: (stw)Coronavirus; (stw)Lockdown; (stw)Schule; (stw)Schüler; (stw)Humankapital; (stw)USA; Covid-19; school closures; inequality; intergenerational persistence; Covid-19; school closures; inequality; intergenerational persistence; Graue Literatur
    Umfang: Online-Ressource
  13. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: September 18, 2020
    Verlag:  ZEW, Mannheim, Germany

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    Sprache: Englisch
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    Schriftenreihe: Discussion paper ; 20, no. 045 (09/2020)
    Schlagworte: SARS-CoV-2; Coronaviren; Pandemie; Schule; Schüler; Schülerin; Humankapital
    Weitere Schlagworte: (stw)Coronavirus; (stw)Lockdown; (stw)Schule; (stw)Schüler; (stw)Humankapital; (stw)USA; Covid-19; school closures; inequality; intergenerational persistence; Graue Literatur
    Umfang: 53 Seiten, Diagramme, 21 cm
  14. The long-term distributional and welfare effects of Covid-19 school closures
    Erschienen: 2020
    Verlag:  Universitätsbibliothek Mannheim, Mannheim

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    Sprache: Englisch
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    Format: Online
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    Schriftenreihe: ZEW Discussion Papers ; 20-045
    Schlagworte: SARS-CoV-2; Coronaviren; Pandemie; Schule; Schüler; Schülerin; Humankapital
    Weitere Schlagworte: (stw)Coronavirus; (stw)Lockdown; (stw)Schule; (stw)Schüler; (stw)Humankapital; (stw)USA; Covid-19; school closures; inequality; intergenerational persistence; Graue Literatur
    Umfang: Online-Ressource