Parental Actions and Siblings' Inequality

Dec 1998
The model presented in the paper generates important implications concerning how the allocation of resources between children varies across income groups. In the model, poor and middle-income families tend to channel their resources into a few children whereas rich families (and perhaps very poor families as well) tend to allocate resources more evenly. As a result, poor and middle- income families tend to generate more inequality relative to richer families.