Showing 1 - 10 of 15
; theory of the household ; marital bargaining …
Persistent link: https://www.econbiz.de/10009238664
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative …. We consider two applications: patience and risk aversion. We argue that parenting styles may be important for explaining …
Persistent link: https://www.econbiz.de/10009683250
Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare function. I first show that under the standard...
Persistent link: https://www.econbiz.de/10009756103
hinges on risk tolerance and patience. Parents expecting their children to become entrepreneurs have an incentive to instill … entrepreneurs there are in a society hinges, in turn, on parental investments in children's patience and risk tolerance. There can …
Persistent link: https://www.econbiz.de/10009757305
The economic theory of fertility choice builds predominantly on the unitary model of the household, in which there is a …
Persistent link: https://www.econbiz.de/10010458481
the quantity-quality tradeoff to later work linking the economics of fertility to the theory of economic growth. …
Persistent link: https://www.econbiz.de/10010434627
Child labor is a persistent phenomenon in many developing countries. In recent years, support has been growing among rich-country governments and consumer groups for the use of trade policies, such as product boycotts and the imposition of international labor standards, to reduce child labor in...
Persistent link: https://www.econbiz.de/10003760253
In recent years, a number of governments and consumer groups in rich countries have tried to discourage the use of child labor in poor countries through measures such as product boycotts and the imposition of international labor standards. The purported objective of such measures is to reduce...
Persistent link: https://www.econbiz.de/10003860517
public schooling. We develop a theory which integrates private education and fertility decisions with voting on public … theory are consistent with state-level and micro data from the United States as well as cross-country evidence from the PISA …
Persistent link: https://www.econbiz.de/10003635035
We investigate the positive and normative consequences of child-labor restrictions for economic aggregates and welfare. We argue that even though the laissez-faire outcome may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of a child-labor ban....
Persistent link: https://www.econbiz.de/10003652670