| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16864 |
| DP16864 Multidimensional pre-marital investments with imperfect commitment | |
| Venkataraman Bhaskar; Wenchao Li; Junjian Yi | |
| 发表日期 | 2022-01-06 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | We analyze a model of multidimensional parental investments under imperfect marital commitment. Parents choose to invest in their child's human capital and in housing, which is a public good within marriage. If men are in excess supply in the marriage market, but also enjoy greater bargaining power within marriage, their parents will overinvest in housing to credibly commit to share more resources with potential wives. This may crowd out human capital investment. To test the theory, we use nationally representative Chinese household survey data to examine the effect of a more male-biased local sex ratio upon investments in boys, relative to investments in girls.Parents with boys increase labor supply and migrate more to improve earnings and investments. They increase housing investment while reduce educational investments. |
| 主题 | Development Economics |
| 关键词 | Premarital investment Imperfect commitment Sex-ratio imbalances Public goods Human capital investment Human capital development |
| URL | https://cepr.org/publications/dp16864 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545790 |
| 推荐引用方式 GB/T 7714 | Venkataraman Bhaskar,Wenchao Li,Junjian Yi. DP16864 Multidimensional pre-marital investments with imperfect commitment. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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