BEQUEST RECEIPT AND FAMILY SIZE EFFECTS

BEQUEST RECEIPT AND FAMILY SIZE EFFECTS
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DOI:
10.1111/j.1465-7295.2008.00208.x
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发表时间:
2010-01-01
期刊:
影响因子:
1.8
通讯作者:
Grawe, Nathan D.
Grawe, Nathan D.
中科院分区:
经济学4区
文献类型:
--
作者:
Grawe, Nathan D.

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本文测试之间的联系,信贷限制和负面的家庭规模对儿童收入的影响,使用遗赠收据信号进入信贷市场。占主导地位的生育率经济模型预测,家庭规模与子女成就之间存在负相关关系。在这个模型中,对借款的限制造成了这种“质量-数量权衡”。“本文使用收入动态数据的小组研究来测试信贷约束的相关性,以比较由遗赠收据定义的各组之间的家庭规模效应。与信贷约束的解释相反,那些接受大额遗赠的人表现出较大的家庭规模效应,而那些没有接受遗赠的人则几乎没有影响。(JEL J13,D1,I2)
This article tests the connection between credit constraints and negative family size effects on child earnings using bequest receipt to signal access to credit markets. The dominant economic model of fertility predicts a negative relationship between family size and child achievement. In the model, limits on borrowing create this "quality-quantity trade-off." This article tests for the relevance of credit constraints using Panel Study of Income Dynamics data to compare family size effects across groups defined by bequest receipt. Contrary to the credit constraints explanation, those receiving large bequests exhibit large family size effects, while those not receiving bequests show little to no effect. (JEL J13, D1, I2)