Child Endowments, and the Quantity and Quality of Children / Gary S. Becker, Nigel Tomes.

Format:

Book

Author/Creator:

Becker, Gary S.

Contributor:

National Bureau of Economic Research.

Tomes, Nigel.

Series:

Working Paper Series (National Bureau of Economic Research) no. w0123.

NBER working paper series no. w0123

Language:

English

Subjects (All):

Capital investments.

Human capital.

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1976.

Cambridge, Mass. : National Bureau of Economic Research, 1976.

Summary:

This paper brings together and integrates social interactions and the special relation between quantity and quality. We are able to show that the observed quality income elasticity would be relatively high and the quantity elasticity relatively low and sometimes negative, even if the true "unobserved� income elasticities for quantity and quality were equal and of average value. Moreover, the observed quality elasticity would fall, and the observed quantity elasticity would rise, as parental income rose.

Notes:

Print version record

February 1976.