del Bono, Emilia; Ermisch, John F; Francesconi, Marco - C.E.P.R. Discussion Papers - 2008
This paper estimates a model of dynamic intrahousehold investment behavior which incorporates family fixed effects and …, especially among British children. Parental behavior appears to respond to permanent family-specific unobservables and to child … idiosyncratic endowments in a way that suggests that parents have equal concerns, rather than efficiency motives, in allocating …