In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to children. Drawing on the theory of mechanism design, we consider a model of family contract with two levels of effort. We prove that equal transfers among children are expected under...

Being the signatory of UNCRC (1992), India globally recognized the significance of child rights. The Constitutions of India also guarantees certain child rights covering basic issues, like ‘health’, ‘education’ and protection from ‘hazardous employment’ and ‘exploitation’....

During World War I (1914–1918) the birth rates of countries such as France, Germany, the U.K., Belgium and Italy declined by almost 50 percent. The age structure of these countries’ populations were significantly affected for the duration of the 20th century. In France, where the population...

In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to children. Drawing on the theory of mechanism design, we consider a model of family contract with two levels of effort. We prove that equal transfers among children are expected under...

Purpose – The objective of this paper is to understand better the determinants of child labour and schooling in Bangladesh. Design/methodology/approach – This paper uses data from a survey based in rural Bangladesh and considers the children aged 5-17 years living in rural households in...

Health insurance reform in Massachusetts lowered the financial cost of both pregnancy (by increased coverage of pregnancy-related medical events) and pregnancy prevention (by increasing access to reliable contraception and family planning). We examine fertility responses for women of...

We propose a simple model of a mating economy in both monogamous and polygynous cultures, and derive implications for how polygyny affects individual and aggregate fertility. We find that an attractive woman is more likely to find a high-status husband. However, when polygyny is allowed,...

We study workplace peer effects in fertility decisions using a game theory model of strategic interactions among coworkers that allows for multiple equilibria. Using register-based data on fertile-aged women working in medium sized establishments in Denmark, we uncover negative average peer...

In this paper, we investigate the impact of child and adult survival on child labour. We find that, while a rise in adult longevity always has a negative effect on child labour because it increases the returns in education, the impact of child mortality reduction depends on the initial level of...

In this paper we analyzed a model of endogenous fertility in presence of f financial market assets and social security pensions. Given the children externality and in the absence of corrective policy, the fertility rate chosen in market economy is too low. Indeed, in his optimal choice of family...