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From Parent to Child

Author

Listed:
  • Behrman, Jere R.
  • Pollak, Robert A.
  • Taubman, Paul

Abstract

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 From Parent to Child 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 programs 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. Building on the seminal work of Gary Becker, From Parent to Child integrates careful modeling of household behavior with systematic empirical testing, and will appeal to anyone interested in the economics of the family.

Suggested Citation

  • Behrman, Jere R. & Pollak, Robert A. & Taubman, Paul, 1995. "From Parent to Child," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226041575, October.
    • Handle: RePEc:ucp:bkecon:9780226041575
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    Citations

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    Cited by:

    1. Dickie, Mark & Messman, Victoria L., 2004. "Parental altruism and the value of avoiding acute illness: are kids worth more than parents?," Journal of Environmental Economics and Management, Elsevier, vol. 48(3), pages 1146-1174, November.
    2. Christine Barnet-Verzat & François-Charles Wolff, 2003. "Choix d'éducation et composition par sexe de la fratrie," Economie & Prévision, La Documentation Française, vol. 157(1), pages 97-118.
    3. Mark D. Agee & Thomas D. Crocker, 2002. "On Techniques to Value the Impact of Environmental Hazards on Children's Health," NCEE Working Paper Series 200208, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
    4. Nancy Birdsall & Jere R. Behrman & Miguel Székely, 1998. "Movilidad de la enseñanza intergeneracional y condiciones macro y políticas de enseñanza en América Latina," Research Department Publications 4145, Inter-American Development Bank, Research Department.
    5. Kim, Jooseop, 1998. "Two case studies on impact evaluation of education projects," ISU General Staff Papers 1998010108000012622, Iowa State University, Department of Economics.
    6. Suzanne Duryea & Jere R. Behrman & Miguel Székely, 1999. "Schooling Investments and Macroeconomic Conditions: A Micro-Macro Investigation for Latin America and the Caribbean," Research Department Publications 4184, Inter-American Development Bank, Research Department.
    7. Mark Agee & Thomas Crocker*, 1998. "Economies, Human Capital, and Natural Assets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 261-271, April.
    8. Nancy Birdsall & Jere R. Behrman & Miguel Székely, 1998. "Intergenerational Schooling Mobility and Macro Conditions and Schooling Policies in Latin America," Research Department Publications 4144, Inter-American Development Bank, Research Department.
    9. Suzanne Duryea & Jere R. Behrman & Miguel Székely, 1999. "Inversiones en enseñanza y condiciones macroeconómicas: investigación micro-macro de América Latina y el Caribe," Research Department Publications 4185, Inter-American Development Bank, Research Department.
    10. de Brauw, Alan, 2004. "Parents As Public Goods: Theory And Evidence From Rural China," 2004 Annual meeting, August 1-4, Denver, CO 20298, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Ashlesha Datar & M. Rebecca Kilburn & David S Loughran, 2006. "Health Endowments and Parental Investments in Infancy and Early Childhood," Working Papers 367, RAND Corporation.
    12. Jellal, Mohamed, 2009. "Family Capitalism Corporate Governance Theory," MPRA Paper 17886, University Library of Munich, Germany.
    13. Martha A. Starr, 2006. "Macroeconomic dimensions of social economics: Saving, the stock market, and pension systems," Working Papers 2006-09, American University, Department of Economics.

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