<?xml version="1.0" encoding="UTF-8"?><xml><records><record><source-app name="Biblio" version="7.x">Drupal-Biblio</source-app><ref-type>17</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Xu Wei</style></author><author><style face="normal" font="default" size="100%">Yi Zhou</style></author><author><style face="normal" font="default" size="100%">Yimin Zhou</style></author></authors></contributors><titles><title><style face="normal" font="default" size="100%">Signaling of Earlier-born Children's Endowments, Intra-household Allocation, and Birth-order Effects</style></title><secondary-title><style face="normal" font="default" size="100%">Economic Modelling</style></secondary-title></titles><dates><year><style  face="normal" font="default" size="100%">2022</style></year></dates><urls><web-urls><url><style face="normal" font="default" size="100%">https://www.sciencedirect.com/science/article/pii/S0264999321003436</style></url></web-urls></urls><volume><style face="normal" font="default" size="100%">108</style></volume><pages><style face="normal" font="default" size="100%">105754</style></pages><language><style face="normal" font="default" size="100%">eng</style></language><abstract><style face="normal" font="default" size="100%">This paper provides a new explanation for birth-order effects by considering the genetic similarity between siblings. We develop a quantity--quality trade-off model in which parents form their expectations of possible future children's endowments by observing the performance of their existing children. Our model shows that having a talented first child may weaken parents' incentive to have additional children due to the substitution effect. However, it also may encourage a second birth due to the signaling effect. Without assuming that children of a specific birth order have a biological advantage or more parental attention, this model predicts a birth-order gap in parents' human capital investment, the magnitude of which depends on the endowments of the first child and its predictive power as a signal of the potential endowment of a possible second child.</style></abstract></record></records></xml>