Parental choice of human capital investment
Parental choice of human capital investment
复制标题
家长对人力资本投资的选择
DOI:
10.1016/s0304-3878(97)00010-2
复制
发表时间:
1997
影响因子:
5
通讯作者:
G. Glomm
中科院分区:
文献类型:
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作者:
G. Glomm
In this paper we present a model in which parents make schooling decisions for their children. We compare two educational regimes: public and private education. In the private education regime all human capital investment decisions are made by individuals. Under public education the government uses income tax revenue to finance one input to schooling. In the private education regime cycles may occur even though there are constant returns to scale in the augmentable factors. In the public education regime there are no cycles but poverty traps may occur.
DOI:
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