Efficient investment in children

DOI10.1006/JETH.2001.2852zbMath1127.91360OpenAlexW2148761999MaRDI QIDQ697925

Jeremy Greenwood, Ananth Seshadri, S. Rao Aiyagari

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)

Related Items (5)

A single parent's labor supply: evaluating different child care fees within an intertemporal framework ⋮ Deviant generations, Ricardian equivalence, and growth cycles ⋮ Property rights and efficiency in OLG models with endogenous fertility ⋮ Higher education subsidies and heterogeneity: a dynamic analysis ⋮ Childcare and commitment within households

Cites Work

• Random earnings differences, lifetime liquidity constraints, and altruistic intergenerational transfers
• Intergenerational Transfers and the Distribution of Earnings
• Unnamed Item

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