In this paper the authors assess the importance of heterogeneity and selective fertility in altering estimates and interpretations of the determinants of the human capital of children. The authors set out a sequential model of human capital investments in children incorporating endogenous fertility and heterogeneity in human capital endowments to illustrate the fertility selection problem and issues of identification. Empirical results based on parametric...
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INFORMACIÓN
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1990/08/31
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Publicación
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LSM72
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1
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1
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2010/07/01
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The selectivity of fertility and the determinants of human capital investments : parametric and semiparametric estimates
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women of child-bearing age