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Investments in the human capital of the socially disadvantaged children: effects on redistribution

[working paper]

Lohse, Tim; Lutz, Peter F.; Thomann, Christian

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Please use the following Persistent Identifier (PID) to cite this document:http://hdl.handle.net/10419/54581

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Corporate Editor Wissenschaftszentrum Berlin für Sozialforschung gGmbH
Abstract Recently, early investments in the human capital of children from socially disadvantaged environments have attracted a great deal of attention. Programs of such early intervention, aiming at children's health and well-being, are spreading considerably in the U.S. and are currently tested in several European countries. In a discrete version of the Mirrlees model with a parents' and a children's generation we show the intra-generational and the inter-generational redistributional consequences of such intervention programs. It turns out that the parents' generation always loses when such intervention programs are implemented. Among the children's generation it is the rich who always benefit. Despite the expectation that early intervention puts the poor descendants in a better position, our analysis reveals that the poor among the children's generation may even be worse off if the effect of early intervention on their productivity is not large enough. (author's abstract)
Keywords human capital; well-being; parents; child; redistribution; poverty; taxation; investment; social intervention
Classification Family Policy, Youth Policy, Policy on the Elderly; General Sociology, Basic Research, General Concepts and History of Sociology, Sociological Theories; Social Problems; Social Security
Document language English
Publication Year 2011
City Berlin
Page/Pages 22 p.
Series Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Schwerpunkt Märkte und Politik, Forschungsprofessur und Projekt The Future of Fiscal Federalism, SP II 2011-107
Status Published Version; reviewed
Licence Deposit Licence - No Redistribution, No Modifications