Household Resource Allocation Dynamics and Policies: Integrating Future Earnings of Children, Fertility, Pension, Health, and Education

Sushmita Kumari and Siddharth Gavhale

Papers from arXiv.org

Abstract: This study presents a model that examines how families make decisions about having children, managing resources, and planning for their financial security in light of social and economic factors. It explores the balance between the number of children and the quality of life parents wish to provide, including education and future income prospects. By considering parents' expectations about their children's future earnings, the model gives new insights into how families allocate their resources. It also looks at how decisions about savings and pensions are connected to daily spending and family planning, showing the complex links between these factors. The findings offer valuable guidance for policies that address these interrelated challenges and better support families in managing their resources.

Date: 2024-11
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/2411.18144 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2411.18144

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().