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Bequests, filial attention and fertility

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  • CREMER, Helmuth
  • PESTIEAU, Pierre

Abstract

The purpose of this paper is to show within a simple setting how the demand for children may be affected by the type of parent-children interaction, ranging from conflict with threat to more harmonious settlement. We consider the case where parents offer bequests to their children in exchange for attention. The type of parent-child interaction is formalized by the solution concept that is used to determine the bequest-attention allocation for any given number of children. The main positive finding of the paper is that there is a bias toward large families, counteracted by the possibility of a pure preference for small families and the costs of having children. Copyright 1991 by The London School of Economics and Political Science.
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Suggested Citation

  • CREMER, Helmuth & PESTIEAU, Pierre, 1991. "Bequests, filial attention and fertility," LIDAM Reprints CORE 949, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:949
    Note: In : Economica, 58, 359-375, 1991
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    Cited by:

    1. Wolff, Francois-Charles & Laferrere, Anne, 2006. "Microeconomic models of family transfers," Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 13, pages 889-969, Elsevier.
    2. Glazer, Amihai & Kanniainen, Vesa & Niskanen, Esko, 2003. "Bequests, control rights, and cost-benefit analysis," European Journal of Political Economy, Elsevier, vol. 19(1), pages 71-82, March.
    3. Futagami, Ritsuko & Kamada, Kimiyoshi & Sato, Takashi, 2006. "Bequest motives and fertility decisions," Economics Letters, Elsevier, vol. 92(3), pages 348-352, September.

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