The worldwide problem with pay-as-you-go, defined-benefits social security systems isn't just financial. Through a dynamic, overlapping-generations model where forming a family and bearing and educating children are choice variables, we show that social security taxes and benefits generate...

During Vietnam's two decades of rapid economic growth, its fertility rate has fallen sharply at the same time that its educational attainment has risen rapidly — macro trends that are consistent with the hypothesis of a quantity-quality tradeoff in child-rearing. In this paper, we investigate...

This paper studies how individuals, particularly low-income individuals, have financed housing purchases since the housing market was privatized in urban China in the 1990s. To the surprise of many policy makers and economists, more than 80% of the households in urban China owned private housing...

Exogenous variation in fertility from parental preferences for sex-mix among their children is used to identify the causal effect of family size on several measures associated with either the allocation of resources towards children within the household or the outcomes of these investments....

In this globalize world, parent are searching for equitable life between their family and work roles. This study explored the insight aspects and difficulties of dual earner's family and work life. Two thousand two hundred (2,200) questionnaires were distributed in 12 organizations of Karachi,...