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care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the … old may leave a bequest to their children. Within each period the three generations play a "game" inspired by Becker …
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that a public policy that disregards the effects of parental time on children's human capital entails a welfare loss that …
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Children starting school at older ages consistently exhibit better educational outcomes. In this paper, we underscore … relatively younger children to special needs services. The effect is persistent throughout compulsory schooling, resulting in …
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