Parents' Discount Rates for Child Quality
journal contributionposted on 2021-11-15, 21:30 authored 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.
PublisherUniversity of Wyoming. Libraries
Journal titleSouthern Economic Journal
CollectionFaculty Publications - Economics
- Library Sciences - LIBS