1976
DOI: 10.1086/260536
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Child Endowments and the Quantity and Quality of Children

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Cited by 970 publications
(188 citation statements)
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“…To the extent that children provide old-age support to their parents, a decline in fertility may spur savings for old age and retirement. The decline in fertility may also have beneficial effects though allowing greater investment in child health and education as predicted by the quantity-quality tradeoff models (Becker and Tomes 1976;Becker 1965). These mechanisms suggest that the overall effect of a fertility decline on income levels may be even larger than we report.…”
Section: Discussionmentioning
confidence: 54%
“…To the extent that children provide old-age support to their parents, a decline in fertility may spur savings for old age and retirement. The decline in fertility may also have beneficial effects though allowing greater investment in child health and education as predicted by the quantity-quality tradeoff models (Becker and Tomes 1976;Becker 1965). These mechanisms suggest that the overall effect of a fertility decline on income levels may be even larger than we report.…”
Section: Discussionmentioning
confidence: 54%
“…Demographic arguments in development have often argued that lower fertility rates encourage investment in children and subsequent productivity growth (Szreter 1996;Becker and Tomes 1976). Many of these arguments have suggested that fertility declines have led to large productivity gains and industrial revolutions.…”
Section: Substantive Implicationsmentioning
confidence: 99%
“…In the wealth maximization model of parental investment first formally articulated by Becker and Tomes (1976), parents allocate child-specific parental investment in a manner that reinforces specific endowments. Siblings with higher specific endowments receive greater levels of parental investment since the marginal return to a given level of parental investment is thought to be higher for better endowed children.…”
Section: An Empirical Model Of Birth Weight and Later Outcomesmentioning
confidence: 99%