Product Description: All humans eventually die, but life expectancies differ over time and among different demographic groups. Teasing out the various causes and correlates of death is a challenge, and it is one we take on in this book. A look at the data on mortality is both interesting and suggestive of some possible relationships...read more

How do parents allocate human capital among their children? To what extent do parental decisions about resource allocation determine children's eventual economic success? The analyses in From Parent to Child explore these questions by developing and testing a model in which the earnings of children with different genetic endowments respond differently to investments in human capital. Behrman, Pollak, and Taubman use this model to investigate issues such as parental bias in resource allocations based on gender or birth order; the extent of intergenerational mobility in income, earnings, and schooling in the United States; the relative importance of environmental and genetic factors in determining variations in schooling; and whether parents' distributions offset the intended effects of government programs designed to subsidize children. In allocating scarce resources, parents face a trade-off between equity and efficiency, between the competing desires to equalize the wealth of their children and to maximize the sum of their earnings. Building on the seminal work of Gary Becker, From Parent to Child integrates careful modeling of household behavior with systematic empirical testing, and will appeal to anyone interested in the economics of the family.

Product Description: For this Handbook authors known to have different views regarding the nature of development economics have been selected. The Handbook is organised around the implications of different sets of assumptions and their associated research programs...read more

Product Description: For this Handbook authors known to have different views regarding the nature of development economics have been selected. The Handbook is organised around the implications of different sets of assumptions and their associated research programs...read more

Product Description: Within the emerging Latin American consensus on development, human resource investments are considered essential for reducing poverty and integrating economic growth and social reform. Investing in people enables work forces to adapt to rapidly changing markets and share in the benefits of economic growth...read more

Product Description: For decades, the primary argument in justifying education has been based on its direct economic effects. Yet education also provides "social benefits" for individuals and society at large, including a better way of taking care of ourselves, and consequently creating a better society to live in...read more

Product Description: Social exclusion is closely linked with numerous economic problems in Latin America, yet seldom does it take the form of a "keep out"sign. More commonly, groups are excluded because they lack access to opportunities enjoyed by others in health care, education, housing and employment...read more