NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Child Endowments, and the Quantity and Quality of Children

Gary S. Becker, Nigel Tomes

NBER Working Paper No. 123
Issued in February 1976

This paper brings together and integrates social interactions and the special relation between quantity and quality. We are able to show that the observed quality income elasticity would be relatively high and the quantity elasticity relatively low and sometimes negative, even if the true "unobserved� income elasticities for quantity and quality were equal and of average value. Moreover, the observed quality elasticity would fall, and the observed quantity elasticity would rise, as parental income rose.

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Document Object Identifier (DOI): 10.3386/w0123

Published: Becker, Gary S. and Nigel Tomes. "Child Endowments, and the Quantity of Children." Journal of Political Economy, Vol. 84, No. 4, part 2, (August 1976) , pp. S143-S162. citation courtesy of

 
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