Parental choice of human capital investment

Parental choice of human capital investment
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家长对人力资本投资的选择

DOI:
10.1016/s0304-3878(97)00010-2
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发表时间:
1997
影响因子:
5
通讯作者:
G. Glomm
G. Glomm
中科院分区:
经济学2区
文献类型:
--
作者:
G. Glomm

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在本文中,我们提出了一个模型,在这个模型中,父母为他们的孩子做出上学的决定。我们比较了两种教育制度:公立教育和私立教育。在私立教育体制中,所有人力资本投资决定都由个人作出。在公共教育下,政府用所得税收入资助学校教育的一项投入。在私立教育体制中,即使在可增加的因素中存在规模收益,也可能出现周期。在公共教育制度中,没有周期,但可能出现贫困陷阱。
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.
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