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Health Econ. 2012 Aug;21(8):928-45. doi: 10.1002/hec.1767. Epub 2011 Aug 17.

The effect of childhood conduct disorder on human capital.

Author information

1
Erasmus School of Economics Rotterdam, Tinbergen Institute, Rotterdam, The Netherlands. webbink@ese.eur.nl

Abstract

This paper estimates the longer-term effects of childhood conduct disorder on human capital accumulation and violent and criminal behavior later in life using data of Australian twins. We measure conduct disorder with a rich set of indicators based on diagnostic criteria from psychiatry. Using ordinary least squares and twin fixed effects estimation approaches, we find that early-age (pre-18) conduct disorder problems significantly affect both human capital accumulation and violent and criminal behavior over the life course. In addition, we find that conduct disorder is more deleterious if these behaviors occur earlier in life.

PMID:
22763986
DOI:
10.1002/hec.1767
[Indexed for MEDLINE]

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