17.01.2013 Views

Pierre André Chiappori (Columbia) "Family Economics" - Cemmap

Pierre André Chiappori (Columbia) "Family Economics" - Cemmap

Pierre André Chiappori (Columbia) "Family Economics" - Cemmap

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

502 11. Marriage, Divorce, Children<br />

Table 11.2: The Incentives to Deviate at Alternative Potential<br />

Equilibria<br />

Equilibrium with children, σ = wf −c ∗<br />

Equilibrium with children, σ =0<br />

Equilibrium without children<br />

Parameters are the same as in the benchmark of Table 11.1, except that<br />

δ =1, instead of δ = .75.<br />

2−p

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!