Showing 1 - 10 of 817
to either learn from him (if children act as teachers then adults' cost of learning the skill falls) or lean on him (if … children's human capital substitutes for that of adults in household production then adults' benefit of learning the skill … falls). I exploit regional variation in two shocks to children's human capital and examine the effect on adults. The rapid …
Persistent link: https://www.econbiz.de/10009223321
sex ratio (males to females) in two generations -- those prenatally exposed and their children -- presumably through …
Persistent link: https://www.econbiz.de/10005829989
shocks such as marriage, divorce, and children. Our model generates a wealth profile and a low and stable equity fraction …
Persistent link: https://www.econbiz.de/10010951303
A growing literature offers indirect evidence that the distribution of bargaining power within a household influences decisions made by the household. The indirect evidence links household outcomes to variables that are assumed to influence the distribution of power within the household. In this...
Persistent link: https://www.econbiz.de/10005085270
women. To investigate this idea, we build and estimate an equilibrium search model with education, marriage/divorce …/remarriage, and household labor supply decisions. A key feature of the model is that women bear a larger share of the divorce burden …, mainly because they are more closely tied to their children relative to men. Our focus on education is motivated by the fact …
Persistent link: https://www.econbiz.de/10010640500
Families run a large fraction of business groups around the world. In this paper, we analyze how the structure of the families behind these business groups affects the groups' organization, governance and performance. To address this question, we constructed a unique data set of family trees and...
Persistent link: https://www.econbiz.de/10005714483
In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that … fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature … invest more in children and less in market-specific human capital and thus have lower earnings. We revisit these and other …
Persistent link: https://www.econbiz.de/10005084746
early health shocks for children. We estimate a human capital production function and establish that, for this sample, early …
Persistent link: https://www.econbiz.de/10011103509
environment faced by the 1955 cohort. We find that a higher divorce probability and changes in wage structure are each able to … explain a large proportion of the LFP increase. Higher divorce risk increases LFP not because the latter contributes to higher … towards the adjustment of marital consumption in the face of increased divorce risk. …
Persistent link: https://www.econbiz.de/10010969289
parental preferences for birth order and delivers theoretically consistent birth order and family size effects on children …
Persistent link: https://www.econbiz.de/10010969380