Incomplete markets and parental investments in children
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DOI: 10.1016/j.red.2021.02.012
Abstract: Abstract The effect of incomplete markets on parental investments is investigated. Uninsured risk and credit constraints can distort the timing of parental investments, causing them to be delayed relative to what would occur under full-insurance.… read more here.
Keywords: parental investments; investments children; markets parental; incomplete markets ... See more keywords