TY  - JOUR
AU  - Becker,Gary S.
AU  - Tomes,Nigel
TI  - Child Endowments, and the Quantity and Quality of Children
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 123
PY  - 1976
Y2  - February 1976
UR  - http://www.nber.org/papers/w0123
L1  - http://www.nber.org/papers/w0123.pdf
N1  - Author contact info:
Gary Becker
Department of Economics
University of Chicago
1126 East 59th Street
Chicago, IL   60637
Tel: 312/702-8254
E-Mail: gbecker@uchicago.edu
AB  - 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.
ER  -