Why do people have kids in developed societies? We propose an empirical test of two alternative theories - children as … predicts lower future pensions to reduce fertility, while the 'old-age security' to increase it. Our empirical analysis … identifies a clear and robust positive effect of less generous future pensions on post-reform fertility. These findings are …

and purchased child care (e.g. childminders, nannies) for the care and rearing of children. The theoretical model implies … that the impact of the mother's wage on her completed fertility varies with the market price of child care, and that this …

wills planning to divide their estates unequally among their children. These plans for unequal division are particularly … concentrated in complex families, that is, families with stepchildren and families with genetic children with whom the parent has … had no contact (e.g., children from previous marriages). We find that in complex families past and current contact between …

on the welfare of children, child labor is always exploitative. Neither welfare function captures the more gradual … minimum altruism, in which child labor in a given family is judged relative to a specific social standard. Under this … criterion, child labor is exploitative only in families where the parent (or guardian) displays insufficient altruism towards …

over-evaluation or under-evaluation of income in our data, although there is a slight over-evaluation on the part of … migrants regarding non-migrants. We develop a static model of asymmetric information that contrasts altruism, pressure and …

distinct and economically relevant component of individual preferences alongside selfishness and altruism. This recognition is … power of trust as a determinant of those decisions, suggesting that altruism may explain much of what ‘looks like’ trust … protocols and framing. Therefore, we propose discriminatory tests for altruism and trust that can be based on within …

emerges with nontrivial voting costs and modest altruism. The model can explain higher turnout in close elections as well as …