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child's human capital? Most parents whose children receive Supplemental Security Income (SSI) benefits overestimate the … likelihood that their child will receive SSI benefits in adulthood. Reducing parents' expectations that children will receive … benefits in adulthood does not increase investments in children's human capital. This zero effect is precisely estimated …
Persistent link: https://www.econbiz.de/10014322898
We propose and validate a simple way to augment the standard Becker-DeGroot-Marschak method that researchers use to elicit willingness to pay (WTP) for a good. The augmentation is to measure WTP for another good ("benchmark good"), one unrelated to both the good the researcher is interested in...
Persistent link: https://www.econbiz.de/10013172114
compare mothers' and fathers' willingness to pay (WTP) for specific goods for their children, diverging from the previous … literature's approach of comparing the expenditure effects of mothers' versus fathers' income. Our method, which we apply in … children. We find that fathers have a lower WTP for their daughters' human capital than their sons' human capital, whereas …
Persistent link: https://www.econbiz.de/10013191006