published in: Journal of Population Economics, 2008, 21 (4), 855 - 875
This study consistently estimates the trade-off between child quantity and quality by
exploiting exogenous variation in fertility due to son preferences. Under son preferences,
childbearing and fertility timing are determined conditional on the first child's gender. For the
sample of South Korean households I find strong evidence of unobserved heterogeneity
across households. However, sibling size has adverse effects on per-child investment in
education, in particular when fertility is high.
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