Showing 1 - 10 of 374
This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identification of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …
Persistent link: https://www.econbiz.de/10010274255
This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identfication of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …
Persistent link: https://www.econbiz.de/10010288377
Societies socialize children about many things, including sex. Socialization is costly. It uses scarce resources, such … as time and effort. Parents weigh the marginal gains from socialization against its costs. Those at the lower end of the …, leading to a de-stigmatization of sex. As contraception has become more effective there is less need for parents, churches and …
Persistent link: https://www.econbiz.de/10010269515
This paper analyses the effects of education signals for Ethnic Germans and Germans without a migration background (Native Germans"). We base our analysis on a sorting model with productivity enhancing effects of education. We compare whether the signalling value differs between the migrants and...
Persistent link: https://www.econbiz.de/10010266054
Commodities do not only serve the purpose of satisfying direct needs in the production and con-sumption process. Some of them can also be used to display social status and to affect the position of an individual in society. This paper addresses the question under which circum-stances...
Persistent link: https://www.econbiz.de/10010319306
parenting styles (related to Baumrind 1967). Parents maximize an objective function that combines Beckerian and paternalistic … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences …
Persistent link: https://www.econbiz.de/10010316863
The correlation in economic status among siblings is a useful ?omnibus measure? of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10010276293
Economists have expended considerable effort to develop economically meaningful definitions of the somewhat elusive concept of “sustainability.” We relate such a definition of sustainability to well known concepts from neoclassical economics, in particular, potential Pareto improvements (in...
Persistent link: https://www.econbiz.de/10011335736
The prevailing literature discusses intergenerational trade-offs predominantly in infinitely-lived agent models despite the finite lifetime of individuals. We discuss these trade-offs in a continuous time OLG framework and relate the results to the infinitely-lived agent setting. We identify...
Persistent link: https://www.econbiz.de/10010316064
The prevailing literature discusses intergenerational trade-offs predominantly in infinitely-lived agent models despite the finite lifetime of individuals. We discuss these trade-offs in a continuous time OLG framework and relate the results to the infinitely-lived agent setting. We identify...
Persistent link: https://www.econbiz.de/10011753192