How did families in pre-modern Europe structure their investments in the education and skills of their children? The dynamics of human capital formation prior to industrialization, particularly the so-called quantity–quality trade-off, have a central role in endogenous growth theories in which parents' investments in their children help generate the emergence of sustained economic growth (Galor and Weil 1999; Klemp and Weisdorf 2012). These analyses build on one of the key predictions of Becker's household economics: an inverse relationship between family size and investment in the human capital of children (Becker et al. 1960; Becker and Lewis 1973; Becker and Tomes 1979, 1986).
Picking winners? the effect of birth order and migration on parental human capital investments in pre-modern England / Klemp, M.; Minns, C.; Wallis, P.; Weisdorf, J.. - In: EUROPEAN REVIEW OF ECONOMIC HISTORY. - ISSN 1361-4916. - 17:2(2013), pp. 210-232. [10.1093/ereh/het004]
Picking winners? the effect of birth order and migration on parental human capital investments in pre-modern England
Weisdorf J.
2013
Abstract
How did families in pre-modern Europe structure their investments in the education and skills of their children? The dynamics of human capital formation prior to industrialization, particularly the so-called quantity–quality trade-off, have a central role in endogenous growth theories in which parents' investments in their children help generate the emergence of sustained economic growth (Galor and Weil 1999; Klemp and Weisdorf 2012). These analyses build on one of the key predictions of Becker's household economics: an inverse relationship between family size and investment in the human capital of children (Becker et al. 1960; Becker and Lewis 1973; Becker and Tomes 1979, 1986).I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
