Gender Differences in Education in a Dynamic Household Bargaining Model
构建两性交叠世代模型，分析家庭内部议价对子女教育投资性别差异的影响，发现模型预测的性别差异小于纯投资模型，并估算出女性生育一个孩子的成本约为其工作寿命的5%。
We explore the issue of gender differences in education in the context 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. We show that the gender difference implied by our model is smaller than the one that would result from a pure investment model. We use our model to estimate the cost to a woman of having a child. The estimate we obtain is about 5% of the working lifetime of a woman.