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such a subsidization emanates from the "demonstration effect:" a child's propensity to furnish parents with attention and … transfers to their own parents in order to instill appropriate preferences in their children. This generates a derived demand … downpayments. We argue that parents provide help with downpayments in order to encourage the production of grandchildren, and that …
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, mating, and parental investment in children, we argue that marriage serves the purpose of attenuating the risk of mating … benefits women because of the public good nature of children. Able to realize Pareto improvements, marriage as an institution …
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