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Optimal policy towards families with different amounts of social capital, in the presence of asymmetric information and stochastic fertility
Cigno, Alessandro; Luporini, Annalisa - 2006
We examine the effects of differences in social capital on first and second best transfers to families with children, in an asymmetric information context where the number of births, and the future earning capacity of each child that is born, are random variables. The probability that a couple...
Persistent link: https://www.econbiz.de/10010261415
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Optimal Policy Towards Families with Di¤erent Amounts of Social Capital, in the Presence of Asymmetric Information and Stochastic Fertility
Cigno, Alessandro; Luporini, Annalisa - Centre for Household, Income, Labour and Demographic … - 2006
We examine the effects of di¤erences in social capital on first and second best transfers to families with children, in an asym- metric information context where the number of births, and the future earning capacity of each child that is born, are random variables. The probability that a couple...
Persistent link: https://www.econbiz.de/10005292724
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Optimal family policy in the presence of moral hazard, when the quantity and quality of children are stochastic
Cigno, Alessandro; Luporini, Annalisa - 2009
We examine the second-best family policy under the assumption that both the number and the future earning capacities of the children born to a couple are random variables with probability distributions conditional on unobservable parental actions. Potential parents take their decisions without...
Persistent link: https://www.econbiz.de/10003847070
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Optimal Family Policy in the Presence of Moral Hazard, When the Quantity and Quality of Children are Stochastic
Cigno, Alessandro - 2009
We examine the second-best family policy under the assumption that both the number and the future earning capacities of the children born to a couple are random variables with probability distributions conditional on unobservable parental actions. Potential parents take their decisions without...
Persistent link: https://www.econbiz.de/10013159509
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Optimal family policy in the presence of moral hazard, when the quantity and quality of children are stochastic
Cigno, Alessandro; Luporini, Annalisa - 2009
We examine the second-best family policy under the assumption that both the number and the future earning capacities of the children born to a couple are random variables with probability distributions conditional on unobservable parental actions. Potential parents take their decisions without...
Persistent link: https://www.econbiz.de/10010269114
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Agency in family policy : a survey
Cigno, Alessandro - 2009
of the word, the government’s agents. They are agents also in the sense of Principal-Agent theory if the parental action … educational investments ; endogenous and exogenous fertility …
Persistent link: https://www.econbiz.de/10003850519
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Hidden Information Problems in the Design of Family Allowances
Cigno, Alessandro; Luporini, Annalisa; Pettini, Anna - 2021
We consider a case where some of the parents have higher ability to raise children than others. First-best policy gives both types of parents the same level of utility. If parental actions are not fully observable, however, the policy maker has to take into account the incentive-compatibility...
Persistent link: https://www.econbiz.de/10013319897
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Can a ban on child labour be self-enforcing, and would it be efficient?
Cigno, Alessandro - 2024
Basu and Van (1998) show that a ban on child labour may be self-enforcing under the extreme assumption that, above the subsistence level, no amount of consumption can compensate parents for the disutility of child labour. We show that a partial ban may be self-enforcing also in a more general...
Persistent link: https://www.econbiz.de/10014505309
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Chapter 5. Population, Poverty, and the Natural Environment
Dasgupta, Partha - In: Handbook of environmental economics : volume 1, …, (pp. 191-247). 2003
natural-resource base. The fourth type of externality is used to develop a theory of fertility transitions in the contemporary … associated with fertility behavior and use of the local natural-resource base are identified. Three are shown to be pronatalist … that one of the externalities may even provide an invidious link between fertility decisions and the use of the local …
Persistent link: https://www.econbiz.de/10014023940
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Agency in family policy : a survey
Cigno, Alessandro - 2009
of the word, the government’s agents. They are agents also in the sense of Principal-Agent theory if the parental action …
Persistent link: https://www.econbiz.de/10010271969