Showing 1 - 7 of 7
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …
Persistent link: https://www.econbiz.de/10009364730
We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices …
Persistent link: https://www.econbiz.de/10008853854
The trade-off between child quantity and education is a crucial ingredient of unified growth models that explain the transition from Malthusian stagnation to modern growth. We present first evidence that such a trade-off indeed existed before the demographic transition, exploiting a unique...
Persistent link: https://www.econbiz.de/10008534051
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...
Persistent link: https://www.econbiz.de/10005094299
Existing evidence, mostly from British textile industries, rejects the importance of formal education for the Industrial Revolution. We provide new evidence from Prussia, a technological follower, where early-19th-century institutional reforms created the conditions to adopt the exogenously...
Persistent link: https://www.econbiz.de/10008583719
The interaction between investment in children’s education and parental fertility is crucial in recent theories of the transition from Malthusian stagnation to modern economic growth. This paper contributes to the literature on the child quantity-quality trade-off with new county-level...
Persistent link: https://www.econbiz.de/10008799738
While women's employment opportunities, relative wages, and the child quantity-quality trade-off have been studied as factors underlying historical fertility limitation, the role of parental education has received little attention. We combine Prussian county data from three censuses - 1816,...
Persistent link: https://www.econbiz.de/10009020793