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Childhood, Well-Being and Fairness

Author

Listed:
  • Leroux, Marie-Louise
  • Pestieau, Pierre
  • Ponthiere, Gregory

Abstract

This paper examines the design of optimal family policies when chil- dren have unequal needs (in terms of material goods and parental time), leading to heterogeneous preferences, and have parents with unequal de- grees of altruism. We examine the issue of interpersonal well-being com- parisons between children by means of consumption-equivalent and time- equivalent indexes, and show that the conditions of existence of these equivalents - as well as their rankings across children - differ across the metric used. We also examine well-being comparisons across parents who differ in their children's preferences and in their altruism. Then, we de- rive the constrained egalitarian social optimum (where only children's well-being levels are equalized) and the double egalitarian social optimum (where both children's and parents'well-being are equalized). It is shown that the optimal allocation and the optimal family policy vary with the metric used for the measurement of children's well-being.

Suggested Citation

  • Leroux, Marie-Louise & Pestieau, Pierre & Ponthiere, Gregory, 2026. "Childhood, Well-Being and Fairness," GLO Discussion Paper Series 1763, Global Labor Organization (GLO).
    • Handle: RePEc:zbw:glodps:1763
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    Keywords

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    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household

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