Abstract
This article analyzes the effect of free public education on fertility, private educational investments, and human capital accumulation at different stages of economic development. The model shows that, when fertility is endogenous, parental human capital levels are crucial for determining the effect of free education. At early stages of development when parental human capital is low, free access to basic education may provide the only chance to leave poverty. In contrast, at advanced stages of development when parental human capital is high, the availability of free education crowds out private educational investments, stimulates fertility, and may impede growth.
| Original language | English |
|---|---|
| Pages (from-to) | 449-468 |
| Number of pages | 20 |
| Journal | Journal of Population Economics |
| Volume | 23 |
| Issue number | 2 |
| DOIs | |
| State | Published - Jan 2010 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 4 Quality Education -
SDG 8 Decent Work and Economic Growth
Keywords
- Fertility
- Free public education
- Human capital
- Private education
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