A Theory of Child Adoption
Women can bear own children or adopt them. Extending economic theories of fertility, we provide a first theoretical treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism, infertility, relatedness to the child, costs of own child birth, and any adoption-specific monetary return that is received net of the costs of adopting the child. Our model makes several testable predictions which receive empirical support. These include a higher propensity to adopt among infertile adults, relatives, women with high earnings potential, and celebrities.
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- Mariagiovanna Baccara & Allan Collard-Wexler & Leonardo Felli & Leeat Yariv, 2014.
"Child-Adoption Matching: Preferences for Gender and Race,"
American Economic Journal: Applied Economics,
American Economic Association, vol. 6(3), pages 133-58, July.
- Mariagiovanna Baccara & Allan Collard-Wexler & Leonardo Felli & Leeat Yariv, 2014. "Child adoption matching: preferences for gender and race," LSE Research Online Documents on Economics 46795, London School of Economics and Political Science, LSE Library.
- Mariagiovanna Baccara & Allan Collard-Wexler & Leonardo Felli & Leeat Yariv, 2010. "Child-Adoption Matching: Preferences for Gender and Race," NBER Working Papers 16444, National Bureau of Economic Research, Inc.
- Sofia Lundberg, 2000. "Child Auctions in Nineteenth Century Sweden: An Analysis of Price Differences," Journal of Human Resources, University of Wisconsin Press, vol. 35(2), pages 279-298.
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