This paper accounts for the value of children and future generations in the evaluation of health policies. This is … achieved through the incorporation of altruism and fertility in a “value of life” type of framework. We are able to express … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …

This paper accounts for the value of children and future generations in the evaluation of health policies. This is … achieved through the incorporation of altruism and fertility in a value of life type of framework. We are able to express … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …

Women can bear own children or adopt them. Extending economic theories of fertility, we provide a first theoretical … treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism …

Parental investments significantly impact children's outcomes. Exploiting panel data covering individuals from birth to … mothers and fathers make investments in their children. We find that time investments, educational investments, and …, it is crucial to announce them in advance to allow parents to adjust their investments when their children are young. …

treatments. One treatment investigates envy, the other one studies altruism. Additionally, we collect data on the children …Envy and altruism have been studied extensively in adults. Here, we report data from an experiment studying envious and … altruistic behavior in children. We study a sample of German school children aged seven to ten in a natural setting. We run two …

altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences …We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative …

endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in … fertility; station- ary income per capita is associated with either increasing or decreasing population and output, depending on … fertility: the trade-off between second-period consumption and spending for bequests prompts agents to decrease fertility in …