From Parent to Child
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€163.68
A01=Jere R. Behrman
A01=Paul Taubman
A01=Robert A. Pollak
Author_Jere R. Behrman
Author_Paul Taubman
Author_Robert A. Pollak
Category=JHBC
Category=JHM
Category=JMAL
Category=KCF
Category=KFF
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Product details
- ISBN 9780226041568
- Weight: 595g
- Dimensions: 15 x 22mm
- Publication Date: 15 Aug 1995
- Publisher: The University of Chicago Press
- Publication City/Country: US
- Product Form: Hardback
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How do parents allocate human capital among their children? To what extent do parental decisions about resource allocation determine children's eventual economic success? The analyses in this text explore these questions by developing and testing a model in which the earnings of children with different genetic endowments respond differently to investments in human capital. Behrman, Pollak, and Taubman use this model to investigate issues such as parental bias in resource allocations based on gender or birth order; the extent of intergenerational mobility in income, earnings, and schooling in the United States; the relative importance of environmental and genetic factors in determining variations in schooling; and whether parents' distributions offset the intended effects of government programmes designed to subsidize children. In allocating scarce resources, parents face a trade-off between equity and efficiency, between the competing desires to equalize the wealth of their children and to maximize the sum of their earnings.
