%0 Report
        %A Brandt, Loren
%A Siow, Aloysius
%A Wang, Jackie
        %T Substitution Effects in Parental Investments
        %D 2009
        %8 2009 Sep
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 4431
        %U https://www.iza.org/publications/dp4431
        %X The paper estimates how parents adjust bride-prices and land divisions to compensate their sons for differences in their schooling investments in rural China. The main estimate implies that when a son receives one yuan less in schooling investment than his brother, he will obtain 0.7 yuan more in observable marital and post-marital transfers as partial compensation. Controlling for unobserved household heterogeneity, planned consumption differences across sons, and a fuller accounting of lifetime transfers are quantitatively important. The empirical findings strongly support the unitary model as a model of resource allocation for sons in traditional agricultural families.
        %K marriage market
%K parental investment
%K household model
%K transfers