Case Write copy.docx - Case Write-Up By Group 2 Aayush Bhatta Roll No 18713 Laja Shakya Roll No 18786 Priyanka Shakya Roll No 18788 Rupsi Parajuli Roll

Case Write copy.docx - Case Write-Up By Group 2 Aayush...

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Case Write-Up By Group 2 Aayush Bhatta Roll No: 18713 Laja Shakya Roll No: 18786 Priyanka Shakya Roll No: 18788 Rupsi Parajuli Roll No: 18766 Smaran Rai Roll No: 18777 Srijan Mahat Roll No: 18760 Tathagat Pyakurel Roll No: 18775
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What We Learn In This Case: Summary This chapter continues to explore the question of what impacts parents have on their child’s success by focusing on the effects of the child’s name. Considering that baby naming has become big business the question becomes, Does the child’s name matter when it comes to the child’s potential for economic success? The short answer is no. The authors focus primarily on the very different names black and white parents choose for their children and explore whether those differences are a cause of the economic disparity between the two groups. Citing a considerable amount of analysis of data on names from California, we learn at least three things: 1) The names chosen by black and white parents are extremely dissimilar. 2) A child’s name is not a determinant of success but rather a predictor because of what it conveys about the child’s parents. 3) Names tend to cycle through socio-economic strata over time, moving from higher to lower strata and eventually out of favor by most parents. Basic economic models used to help explain some of the authors’ conclusions: 1. Correlation versus Causation: As the chapter title suggests, when we consider the names parents give their children, does a child’s name has any effect on his/her prospects for success? Indeed, a casual examination of the relationship between names and the economic success of the people bearing those names would seem to suggest that in many cases a person’s name really does matter. However, what we’re really seeing is the relationship between the child’s prospects for success and the parent’s socio-economic characteristics. Once again, we have to be careful to avoid confusing correlation with causation. Regarding a child’s name, what the evidence tells us is that it is not the name that matters. Instead, what matters are the characteristics of the parent who gave the child his/her name. On a related note, it is worth considering whether a person’s name could contribute to discrimination against that person. Once again, the data fail to support such a
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  • Spring '17
  • Economics

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