Demographic transitions and children's resources: growth or divergence?
How do fertility transitions affect childrenâ€™s resource endowments? Existing perspectives provide two seemingly different answers: Dilution arguments focusing on family size predict an average gain, while divergence arguments focusing on family structure predict increased inequality. We attempt to integrate these two perspectives, to show how changes in family size and structure additively and interactively shape the levels and inequality in childrenâ€™s resource endowments. Failure to consider these interactions can severely bias estimates of the magnitude or even direction of the influences of fertility transitions. An empirical illustration is provided with Cameroon data.
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"Returns to investment in education : a further update,"
Policy Research Working Paper Series
2881, The World Bank.
- George Psacharopoulos & Harry Anthony Patrinos, 2004. "Returns to investment in education: a further update," Education Economics, Taylor & Francis Journals, vol. 12(2), pages 111-134.
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