. Inefficiency is large in a family with an educated, widowed mother and with educated siblings who are younger (relative to parents …% more parents with multiple children would have had a child nearby. Public policies that reduce children's private costs may …When siblings wish for the well-being of their elderly parents, the cost of caregiving and long-term commitment creates …

assumptions: there are non-convexities in human capital investments and parents cannot borrow to finance their children …This paper sets forth a simple model of resource allocation within the family. The model is based on two main …'s education. The model shows that poor and middle-income parents will often find it optimal to channel human capital investments …

multiple children, 18 3% more parents would have had at least one child living nearby had location decisions been made … parents. Siblings can commit to not providing long- term support by living far away. If location decisions are made by birth … order, older siblings may enjoy a first-mover advantage. We study siblings’ location decisions relative to their parents by …

and public spheres of work in post-reform rural, minority-concentrated China. We focus on the role that children play in … their parents' off-farm work decisions for three aggregated ethnic groups (majority Han, Muslim minorities, and non- Muslim … local economic conditions. Children generally decrease women's willingness to work away from/outside the home and increase …

parental preferences regarding inequality in the distribution of their children's quality and on how costly it is for parents …We take advantage of recent advances in behavioral genetics to revisit a classic question in economics: how do parents … respond to children's endowments and to differences in endowments among siblings? Parental investment decisions depend both on …

the Longitudinal Study of Australian Children, we measure parental investments by considering the time parents spend with …Recent empirical research in family economics has shown the importance of parental investments on child's human capital … development, but it is still not clear whether parents respond to changes across time in their child's skills and health. Using …

the decline in family size reduced competition between children for resources from their parents. The combined effect has … father to a more egalitarian one in which the wife and the children have been empowered. This transformation coincided with … family size. To explain the connection between these trends and the transformation in family relationships we develop a novel …

I analyze a model of human capital development in the presence of peer effects. Parents invest in their child, and this … investment conveys a positive externality upon the child’s peers. Parents also acquire wealth, which i) finances consumption, and …

a cohort of English teenagers in compulsory education. Our results support a situation in which parents 'tax' their … children's earnings, withdrawing financial support as the child increases his working hours. This strategy forces the child to …