Schoonbroodt, Alice; Tertilt, Michèle - C.E.P.R. Discussion Papers - 2010
friction we investigate is related to the ownership of children. If parents have no claim on their children's income, then the …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The …