We analyze a mechanism that has been disregarded in the literature on parental investment in children, as little attention has been devoted to the choices made by children themselves. We model directly time use by youngsters into activities related to the acquisition of human capital,...

The paper studies the determinants of income distribution and growth in an overlapping generations economy withheterogenous households. Our framework has the following main features:heterogeneity of consumers with respect to wealth and parental human capital;intergenerational transfers,...

We study long-run trends in market hours of work and employment shifts across economic sectors driven by uneven TFP growth in market and home production. We focus on the substitutions between market and home production and on the structural transformation between agriculture, manufacturing and...

How do parental resources early in life affect children's health and schooling outcomes? We address this question by exploiting the so-called speed premium (SP) in the Swedish parental leave (PL) system. The SP grants mothers higher PL benefits for the subsequent child without the need to...

The introduction of prenatal sex-detection technologies in India has led to a phenomenal increase in abortion of female fetuses. We investigate their impact on son-biased fertility stopping behavior, parental investments in girls relative to boys, and the relative chances of girls surviving...

Using 1995-2006 Current Population Survey and 1970-2000 Census data, we study the intergenerational transmission of fertility, human capital and work orientation of immigrants to their US-born children. We find that second-generation women's fertility and labor supply are significantly...

The costs of incarceration and recidivism to the community are substantial. These costs not only include the direct costs of imprisonment but also the opportunity costs arising from depletion of human capital and loss of output. Policy makers have emphasised the importance of rehabilitating...

We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...