@article{76ca11acfbf243149599b437dec09a0a,
title = "Are children substitutes for assets? Evidence from Bangladesh",
abstract = "In many developing countries, children are viewed as a source of old-age insurance. They help parents to smooth consumption by sending remittances when the parents are old and have relatively low income. The paper presents a model where asset accumulation and children are substitutes. Using a family planning programme as an instrument for fertility it shows that households exposed to the programme have (0.86) lower fertility and $994 worth of more assets than those who were not exposed to the programme.",
keywords = "asset, Fertility, old age insurance",
author = "Ummul Ruthbah",
note = "Funding Information: I am grateful to Abhijit Banerjee and Esther Duflo for their valuable guidance and suggestions in conducting this research. Zaki Wahaz, and my colleagues provided important feedback and comments. The paper uses data collected and shared by the International Centre for Diarrhea Disease Research, Bangladesh, which was funded by the National Institute for Aging. Dr. Nurul Alam and Mr. Sajal Kumar Saha from ICDDR,B provided invaluable support in collecting and using the 1974 Census data. Publisher Copyright: {\textcopyright} 2022 Informa UK Limited, trading as Taylor & Francis Group.",
year = "2023",
doi = "10.1080/19439342.2022.2111588",
language = "English",
volume = "15",
pages = "389--405",
journal = "Journal of Development Effectiveness",
issn = "1943-9342",
publisher = "Taylor & Francis",
number = "4",
}