Efficient investment in children

DOI10.1006/JETH.2001.2852MaRDI QIDQ697925zbMATH OpenOpenAlexFDO

Authors S. Rao Aiyagari, Jeremy Greenwood, Ananth Seshadri

Publication date 18 September 2002

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://rcer.econ.rochester.edu/RCERPAPERS/rcer_481.pdf

zbMATH Keywords

efficiencyimperfect financial marketsimpure altruisminvestment in childrenlack of child-care markets

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

Recommendations

• Fertility, human capital and the wealth of families
• Inter-generational effect of parental time and its policy implications
• Parental altruism, life expectancy and dynamically inefficient equilibria
• Childcare and commitment within households

Cites work

• scientific article; zbMATH DE number 3006370 (Why is no real title available?)
• Intergenerational Transfers and the Distribution of Earnings
• Random earnings differences, lifetime liquidity constraints, and altruistic intergenerational transfers

Cited in

(8)

• A single parent's labor supply: evaluating different child care fees within an intertemporal framework
• Childcare and commitment within households
• Deviant generations, Ricardian equivalence, and growth cycles
• Inter-generational effect of parental time and its policy implications
• Property rights and efficiency in OLG models with endogenous fertility
• Human capital development and parental investment in India
• Higher education subsidies and heterogeneity: a dynamic analysis
• An equilibrium model of child maltreatment

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