Advanced Search
MyIDEAS: Login

The Becker Fertility Model: Theory and Critique

Contents:

Author Info

  • Joseph Burke

    ()
    (Department of Economics and Business, Ave Maria University)

Abstract

This paper is an exploration of the theoretical properties of the Becker fertility model. I demonstrate that the comparative statics of the Becker fertility model with a general budget constraint and its corresponding expenditure model can be expressed in terms of the ordinary consumer expenditure function with a change of variable. When there are no fixed-costs of quality per child, the Becker fertility model is equivalent to the ordinary consumer model with restrictions on the form of the utility function. Solutions to the Becker fertility model are provided with the Cobb-Douglas, CES, and AIDS specifications under this assumption, Becker’s hypothesis that demand for quality per child increases with income is not valid under any Cobb-Douglas or CES specification, but can be tested with a valid estimation of the AIDS model. I also evaluate the role of fixed-costs of quality per child in Becker’s model and show that they introduce a third term into the Slutsky matrix, i.e. in addition to ordinary substitution and income effects, but that these effects are small when the average fixed costs of quality per child is small relative to the marginal cost of quality per child. When the Becker model is expressed in terms of children, quality, and other goods, children must be a substitute for either their quality or for other goods and either quality or other goods must be a luxury good.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://mysite.avemaria.edu/jburke/working-papers/WP1201-Burke-Becker-Fertility-Model-Theory-and-Critique.pdf
File Function: First version, 2012
Download Restriction: no

Bibliographic Info

Paper provided by Ave Maria University, Department of Economics in its series Working Papers with number 1201.

as in new window
Length: 32 pages
Date of creation: May 2012
Date of revision:
Handle: RePEc:avm:wpaper:1201

Contact details of provider:
Postal: 5050 Ave Maria Boulevard, Ave Maria, Florida 34142-9505
Web page: http://www.avemaria.edu/economics
More information through EDIRC

Related research

Keywords: microeconomic theory; Becker; fertility;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:avm:wpaper:1201. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joseph Burke).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.