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Parents' Discount Rates for Child Quality

journal contribution
posted on 01.07.1996, 00:00 by M. D. Agee, Thomas D. Crocker
Within the context of an explicit model of endogenous risk, we have presented the first empirical evidence that parents discount investments which affect the adult prospects of their children. These rates, which numerous authors show affect the intergenerational transmission of human capital, are strongly influenced by household circumstances.

History

ISO

eng

Language

English

Publisher

University of Wyoming. Libraries

Journal title

Southern Economic Journal

Collection

Faculty Publications - Economics

Usage metrics

Faculty Publications - Economics

Keywords

Licence

Exports