Public Versus Private Education When Differential Fertility Matters
Public Versus Private Education When Differential Fertility Matters
复制标题
当差异生育率很重要时,公立教育与私立教育
DOI:
10.2139/ssrn.307600
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发表时间:
2002
期刊:
影响因子:
--
通讯作者:
Matthias Doepke
中科院分区:
文献类型:
--
作者:
David de la Croix;Matthias Doepke
We assess the merits of different education systems in a framework that accounts for the joint decision problem of parents regarding fertility and education. Specifically, we compare the implications of a public and a private schooling regime for economic growth and inequality. We find that private schooling leads to higher growth when there is little inequality in human capital endowments across families. In contrast, when inequality is high, public education yields higher growth by reducing fertility differentials. In addition, public schooling leads to income convergence, while private schooling can result in ever increasing inequality. Our analysis highlights the importance of accounting for endogenous fertility differentials when analyzing educational policies.