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An international and historical look at how parenting choices change in the face of economic inequalityParents everywhere want their children to be happy and do well. Yet how parents seek to achieve this ambition varies enormously. For instance, American and Chinese parents are increasingly authoritative and authoritarian, whereas Scandinavian parents tend to be more permissive. Why? Love, Money, and Parenting investigates how economic forces and growing inequality shape how parents raise their children. From medieval times to the present, and from the United States, the United Kingdom, Germany, Italy, Spain, and Sweden to China and Japan, Matthias Doepke and Fabrizio Zilibotti look at how economic incentives and constraints -- such as money, knowledge, and time -- influence parenting practices and what is considered good parenting in different countries.



About the Author

Matthias Doepke

Matthias Doepke is a professor of economics at Northwestern University. Born and raised in Germany, he first came to the United States to study economics at the University of Chicago. Doepke's research explores how decisions taken within families shape macroeconomic outcomes and how, in turn, economic conditions feed back into what families do. He is coauthor (with Fabrizio Zilibotti) of "Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids."



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