Empirical studies show that years of schooling are positively correlated with good health. The implication may go from … education to health, from health to education, or from factors that influence both variables. We formalize a model that … determines an individual's demand for knowledge and health based on the causal effects, and study the impacts on the individual …

We consider a case where some of the parents have higher ability to raise children than others. First-best policy gives … misrepresent their true ability by investing less in their children, and having a lower number of children. The second-best policy … induces more able parents to have the first-best number of children, and to invest in each child at the first-best level. Less …

This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identification of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …

This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identfication of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …

This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identification of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …

raising children adopted in much of the economics literature. This tends to be restricted purely to models in which the … household members consume market goods with given household income. The "costs of children" are perceived essentially as market … leisure, to care for children. The studies also ignore the question of the distribution of income among adults and, in …

This paper begins the synthesis of two currently unrelated literatures: the human capital approach to health economics …

, 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 …

We develop a theoretical model of mating behavior and parental investment in children under asymmetry in kin …