Substitution effects in parental investments

Arbeitspapier

The paper estimates how parents adjust bride-prices and land divisions to compensate their sons for differences in their schooling investments in rural China. The main estimate implies that when a son receives one yuan less in schooling investment than his brother, he will obtain 0.7 yuan more in observable marital and post-marital transfers as partial compensation. Controlling for unobserved household heterogeneity, planned consumption differences across sons, and a fuller accounting of lifetime transfers are quantitatively important. The empirical findings strongly support the unitary model as a model of resource allocation for sons in traditional agricultural families.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 4431

Classification and Topics

• Classification: Wirtschaft ; Household Production and Intrahousehold Allocation ; Marriage; Marital Dissolution; Family Structure; Domestic Abuse ; Fertility; Family Planning; Child Care; Children; Youth
• Subject: Household model ; parental investment ; marriage market ; transfers ; Familienökonomik ; Haushaltsökonomik ; Eltern ; Kinder ; Bildungsinvestition ; Ehe ; Privater Transfer ; Ländlicher Raum ; China

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Brandt, Loren ; Siow, Aloysius ; Wang, Hui
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/36141
• Last update: 10.03.2025, 11:44 AM CET