The model presented in the paper generates important implications concerning how the allocation of resources between children varies across income groups. In the model, poor and middle-income families tend to channel their resources into a few children whereas rich families (and perhaps very...

The model presented in the paper generates important implications concerning how the allocation of resources between children varies across income groups. In the model, poor and middle-income families tend to channel their resources into a few children whereas rich families (and perhaps very...