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Parental Priorities and Economic Inequality
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Parental Priorities and Economic Inequality Paperback - 1998

by Casey B. Mulligan

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From the publisher

What determines whether children grow up to be rich or poor? Arguing that parental actions are some of the most important sources of wealth inequality, Casey B. Mulligan investigates the transmission of economic status from one generation to the next by constructing an economic model of parental preferences.

In Mulligan's model, parents determine the degree of their altruistic concern for their children and spend time with and resources on them accordingly--just as they might make choices about how they spend money. Mulligan tests his model against both old and new evidence on the intergenerational transmission of consumption, earnings, and wealth, including models that emphasize "financial constraints." One major prediction of Mulligan's model confirmed by the evidence is that children of wealthy parents typically spend more than they earn.

Mulligan's innovative approach can also help explain other important behavior, such as charitable giving and "corporate loyalty," and will appeal to a wide range of quantitatively oriented social scientists and sociobiologists.

Details

  • Title Parental Priorities and Economic Inequality
  • Author Casey B. Mulligan
  • Binding Paperback
  • Edition 1st Edition
  • Pages 394
  • Volumes 1
  • Language ENG
  • Publisher University of Chicago Press, Chicago, Illinois, U.S.A.
  • Publication date 1998-02-17
  • Illustrated Yes
  • Features Bibliography, Illustrated, Index
  • ISBN 9780226548401 / 0226548406
  • Weight 1.18 lbs (0.54 kg)
  • Dimensions 9.03 x 6.09 x 0.89 in (22.94 x 15.47 x 2.26 cm)
  • Themes
    • Topical: Family
  • Category Sociology
  • Library of Congress subjects Income - Mathematical models, Parent and child - Economic aspects -
  • Library of Congress Catalogue Number 97021621
  • Dewey Decimal Code 339.22
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Parental Priorities and Economic Inequality

Parental Priorities and Economic Inequality

by Casey B. Mulligan

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Parental Priorities and Economic Inequality

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Paperback / softback. New. Arguing that parental actions are important sources of wealth inequality, this book examines the transmission of economic status from one generation to another by constructing a model of parental preferences. It offers evidence on the intergenerational transfer of consumption, earnings and wealth.
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Parental Priorities and Economic Inequality
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Parental Priorities and Economic Inequality

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Parental Priorities and Economic Inequality
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Parental Priorities and Economic Inequality

by Mulligan, Casey B

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Parental Priorities & Economic Inequality (Paper)
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Parental Priorities & Economic Inequality (Paper)

by Casey B. Mulligan

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Parental Priorities and Economic Inequality
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Parental Priorities and Economic Inequality

by Mulligan, Casey B

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9780226548401 / 0226548406
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Parental Priorities and Economic Inequality
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Parental Priorities and Economic Inequality
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Parental Priorities and Economic Inequality

by Mulligan, Casey B

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