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Since the seminal work of Becker, the dynamics of endogenous fertility has been based on the trade-off faced by parents between the quantity and the quality of their children. However, in developing countries, when child labor is an indispensable source of household income, parents actually...
Persistent link: https://www.econbiz.de/10011384187
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This paper introduces a model of gender inequality and economic growth that focuses on the determination of women's time allocation among market production, home production, child rearing, and child education. The theoretical model is based on Agénor (2012), but differs in several important...
Persistent link: https://www.econbiz.de/10011431771
At the national level, it has long been observed that a country's average education level is negatively associated with its total fertility rate. At the household level, it has also been well documented that children's education is negatively associated with the number of children in the family....
Persistent link: https://www.econbiz.de/10011430732
This chapter reviews the growing literature on the child quantity–quality (QQ) trade-off. During the transition from the traditional agricultural economy to modern economic growth, household real income increases, fertility decreases, and human capital investment per child increases. Motivated...
Persistent link: https://www.econbiz.de/10013186743
We propose a unified growth model linking technology, education investment across genders, and fertility to explain, for 20th century developing countries: (i) the demographic transition, (ii) the improvement in gender equality in education, and (iii) the transition to sustained growth. The...
Persistent link: https://www.econbiz.de/10012137079
We take advantage of recent advances in behavioral genetics to revisit a classic question in economics: how do parents respond to children's endowments and to differences in endowments among siblings? Parental investment decisions depend both on parental preferences regarding inequality in the...
Persistent link: https://www.econbiz.de/10012019317
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The trade-off between child quantity and education is a crucial ingredient of unified growth models that explain the transition from Malthusian stagnation to modern growth. We present first evidence that such a trade-off indeed existed before the demographic transition, exploiting a unique...
Persistent link: https://www.econbiz.de/10003883851
The trade-off between child quantity and education is a crucial ingredient of unified growth models that explain the transition from Malthusian stagnation to modern growth. We present first evidence that such a trade-off indeed existed before the demographic transition, exploiting a unique...
Persistent link: https://www.econbiz.de/10003916571