the children born to a couple are random variables with probability distributions conditional on unobservable parental … external benefits of their actions. -- Stochastic quantity and quality of children ; moral hazard ; population externalities …

"There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical … targeting children through two general policies, namely selective commodity taxation and cash transfer to family with children …

Introduction -- Children and the economy -- Commitments and capabilities -- Defining the costs of children -- Children … and family budgets / with Tamara Ohler -- Children outside the household -- Accounting for family time / with Jayoung Yoon … -- Valuing family work -- Subsidizing parents -- Public spending on children's education and health -- Who should pay for the …