题目："It's All in the Stars: The Chinese Zodiac and the Effects of Parental Investments on Offspring's Cognitive and Noncognitive Skill Development," with Chih Ming Tan and Xiaobo Zhang.
摘要：The importance of (early) parental investments in children’s cognitive and noncognitive outcomes is a question of deep policy significance. However, because parental investments are arguably endogenous, it is a great challenge to empirically estimate their importance. This paper exploits a rich and novel dataset, the China Family Panel Studies, and proposes a culture-specific instrumental variable based on the Chinese zodiac, in order to address this empirical challenge. By looking at the outcomes of children born just before and just after the cutoff for a “lucky” (or “nonlucky”) zodiac sign, we find that parents’ investments have significant effects on their offspring’s development of both cognitive and noncognitive skills.
个人简介: Xiao Wang is a Professor of Finance at the School of Management, University of Science and Technology of China. She received her Ph.D. in Economics from the University of Wisconsin-Madison in 2011. Prior to joining USTC, she has worked at University of North Dakota from 2011 to 2018.
Xiao Wang’s research interests are in the fields of international finance, international trade, and development. Her work has appeared in Journal of International economics and Journal of Banking and Finance.