Optimal family policy in the presence of moral hazard when the quantity and quality of children are stochastic

We examine the second-best family policy under the assumption that both the number and the future earning capacities of the children born to a couple are random variables with probability distributions conditional on unobservable parental actions. Potential parents take their decisions without takin...

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Veröffentlicht in:CESifo GmbH CESifo economic studies
1. Verfasser: Cigno, Alessandro (VerfasserIn)
Weitere Verfasser: Luporini, Annalisa (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2011
Schlagworte:
Familienpolitik > Second Best > Moral Hazard > Kinder > Bildungsinvestition > Familienleistungsausgleich > Studienfinanzierung > Theorie > Aufsatz in Zeitschrift
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