Parental investment in their children’s education

Jaime Andrés Sarmiento Espinel ()

Serie documentos de trabajo del Centro de Estudios Económicos from El Colegio de México, Centro de Estudios Económicos

Abstract: This paper estimates for a sample of Mexican families a structural collective model of household labor supply with children and home production. The framework of Blundell, Chiappori, and Meghir (2005) is used to address how household allocations are affected by the intra-household decision-making process when both parents care for their children’s welfare, particularly their education. In households with characteristics equal to the average of the sample, more household resources are directed toward children’s education when the balance of bargaining power changes in favor of fathers instead of mothers. Moreover, in spite of mothers having a larger estimated marginal willingness to pay than fathers for resources associated with children’s utility, more (less) expenditures and time would be dedicated to children when fathers. bargaining power increases (decreases) exogenously. These results draw attention to the design of targeting strategies which presumes that mothers care more for children than fathers, being possible to be less effective in some cases than if it had been focused on augment fathers’power.

Keywords: collective household models; children; labor supply; household production. (search for similar items in EconPapers)
JEL-codes: D12 D13 J13 J22 (search for similar items in EconPapers)
Date: 2012-04
New Economics Papers: this item is included in nep-dev and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:emx:ceedoc:2012-09

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