Child Quality, Child Labor, Fertility and Economic Growth

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1. Verfasser: Gastón Yalonetzky
Format: Artículo científico
Sprache:en
Veröffentlicht: Universidad del Pacífico 2005
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author Gastón Yalonetzky
author_facet Gastón Yalonetzky
contents Child Quality, Child Labor, Fertility and Economic Growth Gastón Yalonetzky Multidisciplinarias (Ciencias Sociales) fertility Child quality human capital economic growth In this paper I study the dynamic implications of household decisions that determine fertility and human capital accumulation with a theoretical model built on that of Hazan and Berdugo (2002). The links between the allocation of children's time, together with material resources towards child quality components, such as nutrition and the process of economic development, are explored. I give emphasis to investment in child quality because it has not previously been treated together with allocation of children's time in a dynamic setting. However these need to be dealt with together since they enable us explicitly to consider the possibility that human capital can be accumulated beyond the point at which child labor is effectively (rationally) eliminated, and even beyond that when fertility transition is concluded. I also show that this result can hold even in the absence of altruistic parents (in a unitary framework). Finally I show with these models that Caldwell's hypothesis about the correlation between intergenerational flows of resources and fertility regimes can be explained as being mediated by earning opportuni- ties in educationally-intensive sectors which in turn influence parental incentives to invest in child quality. 2005 artículo científico 0252-1865 https://www.redalyc.org/articulo.oa?id=684077006003 en http://www.redalyc.org/revista.oa?id=6840 Apuntes application/pdf Universidad del Pacífico Apuntes (Perú) Num.56-57
format Artículo científico
id redalyc_684077006003
institution Redalyc
language en
publishDate 2005
publisher Universidad del Pacífico
spellingShingle Child Quality, Child Labor, Fertility and Economic Growth
Gastón Yalonetzky
Multidisciplinarias (Ciencias Sociales)
fertility
Child quality
human capital
economic growth
Child Quality, Child Labor, Fertility and Economic Growth Gastón Yalonetzky Multidisciplinarias (Ciencias Sociales) fertility Child quality human capital economic growth In this paper I study the dynamic implications of household decisions that determine fertility and human capital accumulation with a theoretical model built on that of Hazan and Berdugo (2002). The links between the allocation of children's time, together with material resources towards child quality components, such as nutrition and the process of economic development, are explored. I give emphasis to investment in child quality because it has not previously been treated together with allocation of children's time in a dynamic setting. However these need to be dealt with together since they enable us explicitly to consider the possibility that human capital can be accumulated beyond the point at which child labor is effectively (rationally) eliminated, and even beyond that when fertility transition is concluded. I also show that this result can hold even in the absence of altruistic parents (in a unitary framework). Finally I show with these models that Caldwell's hypothesis about the correlation between intergenerational flows of resources and fertility regimes can be explained as being mediated by earning opportuni- ties in educationally-intensive sectors which in turn influence parental incentives to invest in child quality. 2005 artículo científico 0252-1865 https://www.redalyc.org/articulo.oa?id=684077006003 en http://www.redalyc.org/revista.oa?id=6840 Apuntes application/pdf Universidad del Pacífico Apuntes (Perú) Num.56-57
title Child Quality, Child Labor, Fertility and Economic Growth
topic Multidisciplinarias (Ciencias Sociales)
fertility
Child quality
human capital
economic growth
url https://www.redalyc.org/articulo.oa?id=684077006003