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  • Redigera dokument
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  • School of Business, Economics and Law / Handelshögskolan
  • Department of Economics / Institutionen för nationalekonomi med statistik
  • Working papers
  • Redigera dokument
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Parental Investments in Child Health – the importance of paternalistic altruism, child egoism and short-sightedness

Sammanfattning
Parent and child interaction is an important determinant of child health. Typically, parents are more forward-looking than their children and, hence, care about investments in human capital to a larger extent. In this paper we consider the parent-child health-related interaction, when the parent is altruistic and forward-looking and the child is egoistic and short-sighted. The child receives a monetary transfer, from the parent, which is used to finance either health-unrelated consumption or unhealthy behaviour. We apply a simple differential-game approach, assuming linear-state preferences, and study equilibrium time-paths of (a) the parental transfer, (b) the unhealthy behaviour, and (c) the stock of child health capital. We distinguish between the case in which the child is perfectly myopic and the case in which he or she is forward looking.
Övrig beskrivning
JEL: I12
URL:
http://hdl.handle.net/2077/41330
Samlingar
  • Working papers
Fil(er)
gupea_2077_41330_1.pdf (530.8Kb)
Datum
2015-12
Författare
Bolin, Kristian
Lindgren, Björn
Nyckelord
Health capital
parent-child interaction
myopic behaviour
differential game
Publikationstyp
report
ISSN
1403-2465
Serie/rapportnr.
Working Papers in Economics
640
Språk
eng
Metadata
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