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It is well-known that small di§erences in discount rates, persisting over generations, make it much easier to explain US wealth inequality across households as an equilibrium outcome. At the individua...
Determinants of diarrhea among young children under the age of five in Kenya, evidence from KDHS 2008-09
Childhood diarrhea Sources of drinking water
2015/7/27
This paper examines the relative contribution of household, demographic and maternal characteristics to the incidence of diarrhea in young Kenyan children. Data from the Kenya Demographic and Health S...
Children are costly, but raising them may pay: The economic approach to fertility
children as consumption and investment goods economic theory fertility intra-family bargaining labor force participation opportunity cost public policies rational choices social context time and uncertainty
2014/11/26
Objective: This article provides a non-technical introduction to analyses of fertility which are based on a rational-choice paradigm and which acknowledge that raising children may have a strong impac...