In an overlapping-generations model with endogenous birth rates, I design a reform of the pay-as-you-go pension system, which internalises positive externalities of children - their pension contributions. Individuals may differ in their preferences for children and their ability to have children...

This paper examines trends in parental time in selected industrialized countries since the 1960s using time-use survey data. Despite the time pressures to which today’s families are confronted, parents appear to be devoting more time to children than they did some 40 years ago. Results also...

This paper examines the relationship between parenthood and life satisfaction using longitudinal data on women from the German Socio-Economic Panel. Previous studies have focused on satisfaction differences between parents and comparable childless adults, mostly finding small and often negative...

"In an overlapping-generations model with endogenous birth rates, I design a reform of the pay-as-you-go pension system, which internalises positive externalities of children - their pension contributions. Individuals may differ in their preferences for children and their ability to have...

"In an overlapping-generations model with endogenous birth rates, I design a reform of the pay-as-you-go pension system, which internalises positive externalities of children - their pension contributions. Individuals may differ in their preferences for children and their ability to have...

The size of the average American household has fallen dramatically - from six in 1850 to three in 2000. To explain this decline we model households as collections of roommates who share the costs of household public goods. If private goods are more income elastic than public goods, as we...

The intergenerational transmission of education is certainly a problem that continues to challenge most countries. The level of education that an individual rises to is linked to the education level(s) of her/his parents. This note serves as an alert to researchers undertaking empirical...

The intergenerational transmission of education is certainly a problem that continues to challenge most countries. The level of education that an individual rises to is linked to the education level(s) of her/his parents. This note serves as an alert to researchers undertaking empirical...

The size of the average American household has fallen dramatically -from six in 1850 to three in 2000. To explain this decline we model households as collections of roommates who share the costs of household public goods. If private goods are more income elastic than public goods, as we document...

The intergenerational transmission of education is certainly a problem that continues to challenge most countries. The level of education that an individual rises to is linked to the education level(s) of her/his parents. This note serves as an alert to researchers undertaking empirical...