Parental Preference, Heterogeneity, and Inequality Within the Household
Given siblings are heterogeneous in their genetic endowment, we strive to model the implication of parental behaviour for inequality among siblings. Children are posited as passive recipients of human capital inputs from their parents. Unless there is a significant difference in genetic endowment among siblings, parents tend to reinforce the impact of genetic endowment by investing more in those who are likely to earn higher any ways. However, introducing uncertainty in earnings dilutes the above results. Parents’ decision regarding the allocation of human capital resources among siblings takes a different tune when the process involves the distribution of physical capital as well
|Date of creation:||Mar 2001|
|Date of revision:|
|Contact details of provider:|| Postal: Naamsestraat 69, 3000 Leuven|
Phone: +32-(0)16-32 67 25
Fax: +32-(0)16-32 67 96
Web page: http://www.econ.kuleuven.be/ew
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ete:ceswps:ces0103. 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: (Karla Vander Weyden)
If references are entirely missing, you can add them using this form.