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http://ssrn.com/abstract=260313
 
 

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Child Endowments, and the Quantity and Quality of Children


Gary S. Becker


University of Chicago - Department of Economics; University of Chicago - Booth School of Business

Nigel Tomes


National Bureau of Economic Research (NBER)

February 1976

NBER Working Paper No. w0123

Abstract:     
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.

Number of Pages in PDF File: 34

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Date posted: February 15, 2001  

Suggested Citation

Becker, Gary S. and Tomes, Nigel, Child Endowments, and the Quantity and Quality of Children (February 1976). NBER Working Paper No. w0123. Available at SSRN: http://ssrn.com/abstract=260313

Contact Information

Gary S. Becker (Contact Author)
University of Chicago - Department of Economics ( email )
1126 East 59th Street
Chicago, IL 60637
United States
University of Chicago - Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
Nigel Tomes
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
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