| October 23, 2013
A ‘high-investment strategy’ for children
In a National Bureau of Economic Research working paper released in September, economists Shelly Lundberg and Robert A. Pollak find that “marriage is the commitment mechanism that supports high levels of investment in children and is hence more valuable for parents adopting a high-investment strategy for their children.”
OCPA research fellow Wendy Warcholik agrees. Writing this week in The Edmond Sun, Dr. Warcholik says “everyone should want parents to have a ‘high-investment strategy’ for their children. After all, children who are emotionally well-adjusted, smart, compassionate, and ambitious possess some of the most important traits we want to see in our future entrepreneurs, workers, and leaders.”
We encourage you to read her article here.