Inter-generational contracts, demographic transitions and the 'quantity-quality' tradeoff: parents, children and investing in the future
AbstractThis paper explores why so many children remain outside the schooling system, despite the current emphasis on education as a form of human capital and as a basic human right. The value given to investments in education partly depends on the extent to which such investments fit in with the implicit inter-generational contracts between parents and children, particularly in societies where there are few alternatives to the family as sources of welfare and security in old age. When the decision to educate a child remains private, the interests of parents' security in old age will dominate over the long-term interests of the child. To explore the circumstances under which parents would be persuaded to invest in their children's education, the paper suggests a series of stylized 'transitions' in the inter-generational contract, each associated with increasing willingness on the part of parents to invest resources in their children. Copyright © 2000 John Wiley & Sons, Ltd.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.
Volume (Year): 12 (2000)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://www3.interscience.wiley.com/journal/5102/home
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Becker, Gary S & Lewis, H Gregg, 1973. "On the Interaction between the Quantity and Quality of Children," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages S279-88, Part II, .
- Simon Appleton & John Hoddinott & John MacKinnon, 1996. "Education and health in sub-Saharan Africa," Journal of International Development, John Wiley & Sons, Ltd., vol. 8(3), pages 307-339.
- Geeta Gandhi Kingdon, 1998.
"Does the labour market explain lower female schooling in India?,"
Journal of Development Studies,
Taylor & Francis Journals, vol. 35(1), pages 39-65.
- Geeta Gandhi Kingdon, 1997. "Does the Labour Market Explain Lower Female Schooling in India?," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 01, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Caldwell, Pat, 1996. "Child survival: Physical vulnerability and resilience in adversity in the European past and the contemporary Third World," Social Science & Medicine, Elsevier, vol. 43(5), pages 609-619, September.
- Drusilla K. Brown & Alan V. Deardorff & Robert M. Stern, 2003.
"The Effects of Multinational Production on Wages and Working Conditions in Developing Countries,"
NBER Working Papers
9669, National Bureau of Economic Research, Inc.
- Drusilla K. Brown & Alan Deardorff & Robert Stern, 2004. "The Effects of Multinational Production on Wages and Working Conditions in Developing Countries," NBER Chapters, in: Challenges to Globalization: Analyzing the Economics, pages 279-330 National Bureau of Economic Research, Inc.
- Drusilla K. Brown & Alan V. Deardorff & Robert M Stern, 2002. "The Effects of Multinational Production on Wages and Working Conditions in Developing Countries," Working Papers 483, Research Seminar in International Economics, University of Michigan.
- Drusilla K. Brown & Alan V. Deardorff & Robert M Stern, 2002. "The Effects of Multinational Production on Wages and Working Conditions in Developing Countries," Working Papers 486, Research Seminar in International Economics, University of Michigan.
- Harper, Caroline & Marcus, Rachel & Moore, Karen, 2003. "Enduring Poverty and the Conditions of Childhood: Lifecourse and Intergenerational Poverty Transmissions," World Development, Elsevier, vol. 31(3), pages 535-554, March.
- Philip Kreager & Elisabeth Schröder-Butterfill, 2008. "Indonesia against the trend? Ageing and inter-generational wealth flows in two Indonesian communities," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 19(52), pages 1781-1810, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.