regarding the quantity and quality of parental time investment on the skill formation of their children. Traditional models of … children vis-à-vis home production. This paper finds that, similarly to higher-income countries, there is a positive education … better care for their children, thus increasing the socioeconomic gap. …

This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk …. Symmetry in education (both spouses receive an equal amount of education) then acts like an insurance device in case of divorce …

This paper explores inequalities in IQ and economic preferences between children from high and low socio …-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well …

In this paper we investigate how fertility decisions respond to unexpected career interruptions which occur as a … displacement reduces average fertility by 5 to 10% in both the short and medium term (3 and 6 years) and that these effects are … reduction in fertility is not due to the income loss generated by unemployment but arises because displaced workers undergo a …

that a public policy that disregards the effects of parental time on children's human capital entails a welfare loss that …

fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a … significant decline in marriage and a rise in divorce; (iv) a higher degree of positive assortative mating; (v) more children …

The interaction between investment in children's education and parental fertility is crucial in recent theories of the … significant negative causal effect of education on fertility, which is robust to accounting for spatial autocorrelation. The …

alone entails a higher fertility rate and a lower ratio of high- to low-ability children, as compared to using education …This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as … earners and low earners with the proportion of types being determined endogenously. The number of children is …