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Staff Report 195
Back to PublicationGender Differences in Education in a Dynamic Household Bargaining Model
Cristina Echevarria
Antonio Merlo
Published August 1, 1995
Abstract
We interpret observed gender differences in education as the equilibrium outcome of a two-sex overlapping generations model where men and women of each generation bargain over consumption, number of children, and investment in education of their children conditional on gender. This model represents a new framework for the analysis of the process of intrahousehold decision making in an intergenerational setting.
Published In: International Economic Review
(Vol. 40, No. 2, May 1999, pp. 265-286)
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