TY - JOUR
T1 - Free education, fertility and human capital accumulation
AU - Azarnert, Leonid V.
PY - 2010/1
Y1 - 2010/1
N2 - 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.
AB - 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.
KW - Fertility
KW - Free public education
KW - Human capital
KW - Private education
UR - http://www.scopus.com/inward/record.url?scp=75749141781&partnerID=8YFLogxK
U2 - 10.1007/s00148-008-0205-8
DO - 10.1007/s00148-008-0205-8
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AN - SCOPUS:75749141781
SN - 0933-1433
VL - 23
SP - 449
EP - 468
JO - Journal of Population Economics
JF - Journal of Population Economics
IS - 2
ER -